W56KGY21D0002 - THE PURPOSE OF THIS CONTRACT IS FOR THE RESET OF H...

This IDC contract for Detection & Coherent Radiation Equipment > Electronic & Communication Equipment was awarded in FY2021 on Dec 11, 2020 to Syracuse Research Corp by PM Electronic Warfare & Cyber. There have been $30.5M in obligations to date with a ceiling value of $87.8M, showing a 35% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Dec 9, 2025.

Syracuse Research Corp is a contractor located in NY, doing primarily Science/Engineering > Professional Services work for Army. The company receives $140M 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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Buying Agency/Office

Army»Assistant Secretary for Acquisition, Logistics and Technology»PEO Intelligence, Electronic Warfare and Sensors»PM Electronic Warfare & Cyber

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