This IDC contract for International Affairs was awarded in FY2022 on Nov 9, 2021 to BRICE ENGINEERING, LLC by Seattle District. There have been no obligations to date with a ceiling value of $115M, showing a ~0% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 11 offers received. We expect a 3 year duration with ultimate completion date of Nov 7, 2024.
BRICE ENGINEERING, LLC is a contractor located in AK, doing primarily International Affairs work for Army. The company receives $25.6M 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. BRICE ENGINEERING, LLC is a certified 8(a) contractor through Mar 13, 2026.
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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