W56HZV15D0063 - THIS IS A 5 YEAR LOWEST PRICE TECHNICALLY ACCEPTAB...
Federal Contract Award Search » IDC Award
This IDC contract for Hardware & Tools was awarded in FY2015 on Jun 16, 2015 to Kipper Tool Company by PdM Sets, Kits, Outfits & Tools. There have been $5.5M in obligations to date with a ceiling value of $10.7M, showing a 51% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 6 offers received. We expect a 5 year duration with ultimate completion date of Jun 15, 2020.
Kipper Tool Company is a contractor located in GA, doing primarily Hardware & Tools work for General Services Administration. The company receives $54.6M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias 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
- W56HZV15D0063
- Contractor
- KIPPER TOOL COMPANY
- Obligations to Date
- $5.5M
- Ceiling Value
- $10.7M
- Award Date
- 06/16/2015
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Army»Assistant Secretary for Acquisition, Logistics and Technology»PEO Combat Support and Combat Service Support»PM Force Projection»PdM Sets, Kits, Outfits & Tools
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | KIPPER TOOL COMPANY | $4.7M | 07/09/2015 |
| 0002 | KIPPER TOOL COMPANY | $321.8k | 12/03/2015 |
| 0003 | KIPPER TOOL COMPANY | $214.5k | 06/30/2017 |
| 0004 | KIPPER TOOL COMPANY | $21.5k | 03/19/2018 |
| 0005 | KIPPER TOOL COMPANY | $21.5k | 06/18/2018 |
| W56HZV18F0127 | KIPPER TOOL COMPANY | $107.3k | 09/17/2018 |
| W56HZV20F0210 | KIPPER TOOL COMPANY | $171.6k | 03/09/2020 |
