W519TC24D0004 - PROCUREMENT OF MS3314 SUSPENSION LUGS (NSN: 1325-0...
Federal Contract Award Search » IDC Award
This IDC contract for Ammunition & Explosives > Weapons & Ammunition was awarded in FY2024 on Feb 21, 2024 to PREMIER PRECISION MACHINING LLC by PD Joint Products. There have been $1.8M in obligations to date with a ceiling value of $47M, showing a 4% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 5 offers received. We expect a 5 year duration with ultimate completion date of Feb 21, 2029.
PREMIER PRECISION MACHINING LLC is a contractor located in NY, doing primarily Ammunition & Explosives > Weapons & Ammunition work for Army. The company receives $1.2M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.
- Contract Number
- W519TC24D0004
- Contractor
- PREMIER PRECISION MACHINING LLC
- Obligations to Date
- $1.8M
- Ceiling Value
- $47M
- Award Date
- 02/21/2024
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Army»Assistant Secretary for Acquisition, Logistics and Technology»JPEO Armaments & Ammunition»PD Joint Products
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| W519TC24F0058 | PREMIER PRECISION MACHINING LLC | $1.8M | 02/21/2024 |
