W58RGZ21D0065 - FIRM FIXED-PRICE, 5 YEAR, INDEFINITE DELIVERY INDE...
Federal Contract Award Search » IDC Award
This IDC contract for Aerospace & Defense > Sustainment S&E was awarded in FY2021 on Jul 27, 2021 to General Electric by Army Aviation and Missile Command (AMCOM). There have been $54.6M in obligations to date with a ceiling value of $208.2M, showing a 26% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Aug 1, 2026.
General Electric is a contractor located in CT, doing primarily Aerospace & Defense > Sustainment S&E work for Navy. The company receives $5B 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
- W58RGZ21D0065
- Contractor
- GENERAL ELECTRIC COMPANY
- Obligations to Date
- $54.6M
- Ceiling Value
- $208.2M
- Award Date
- 07/27/2021
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Army»Army Materiel Command»Army Aviation and Missile Command (AMCOM)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| W58RGZ21F0374 | GENERAL ELECTRIC COMPANY | $16.6M | 08/02/2021 |
| W58RGZ22F0303 | GENERAL ELECTRIC COMPANY | $8.6M | 09/21/2022 |
| W58RGZ23F0146 | GENERAL ELECTRIC COMPANY | $8.6M | 12/15/2022 |
| W58RGZ24F0102 | GENERAL ELECTRIC COMPANY | $20.7M | 12/07/2023 |
