This IDC contract for Construction Related Equipment > Industrial Products & Services, Logistics Equipment > Equipment Related Services, Transportation Equipment was awarded in FY2022 on Nov 19, 2021 to TAYLOR DEFENSE PRODUCTS, LLC by PdM Combat Engineer/Material Handling System. There have been $147.6M in obligations to date with a ceiling value of $262M, showing a 56% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 3 year duration with ultimate completion date of Nov 17, 2024.
TAYLOR DEFENSE PRODUCTS, LLC is a contractor located in MS, doing primarily Construction Related Equipment > Industrial Products & Services work for Army. The company receives $17.8M 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.
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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
W56HZV22F0037 | TAYLOR DEFENSE PRODUCTS, LLC | $53.4M | 11/19/2021 |
W56HZV22F0091 | TAYLOR DEFENSE PRODUCTS, LLC | $24.3M | 02/11/2022 |
W56HZV23F0202 | TAYLOR DEFENSE PRODUCTS, LLC | $24.2M | 03/23/2023 |
W56HZV23F0444 | TAYLOR DEFENSE PRODUCTS, LLC | $269.3k | 09/19/2023 |
W56HZV24F0056 | TAYLOR DEFENSE PRODUCTS, LLC | $16.5M | 11/15/2023 |
W912CH24F0015 | TAYLOR DEFENSE PRODUCTS, LLC | $241.7k | 04/26/2024 |
W912CH24F0124 | TAYLOR DEFENSE PRODUCTS, LLC | $4.7M | 06/26/2024 |