W58RGZ15D0008 - PRONS AX4F0465AX BELL CRANK, NSN 1560-01-158-9685 ...
Federal Contract Award Search » IDC Award
This IDC contract for Aerospace & Defense > Sustainment S&E was awarded in FY2015 on Oct 28, 2014 to TEK PRECISION CO., LTD. by ACC-Redstone. There have been $5M in obligations to date with a ceiling value of $5.6M, showing a 89% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Oct 27, 2019.
TEK PRECISION CO., LTD. is a contractor located in NY, doing primarily Aerospace & Defense > Sustainment S&E work for Defense. The company receives $3.7M 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
- W58RGZ15D0008
- Contractor
- TEK PRECISION CO., LTD.
- Obligations to Date
- $5M
- Ceiling Value
- $5.6M
- Award Date
- 10/28/2014
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Army»Army Materiel Command»Army Contracting Command»Contracting Centers»ACC-Redstone
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | TEK PRECISION CO., LTD. | $439.6k | 10/28/2014 |
| 0002 | TEK PRECISION CO., LTD. | $659.4k | 08/13/2015 |
| 0003 | TEK PRECISION CO., LTD. | $840.6k | 07/02/2018 |
| W58RGZ18F0077 | TEK PRECISION CO., LTD. | $960.7k | 09/06/2018 |
| W58RGZ19F0487 | TEK PRECISION CO., LTD. | $1.1M | 06/14/2019 |
| W58RGZ20F0065 | TEK PRECISION CO., LTD. | $989.5k | 10/24/2019 |
