This IDC contract for Industrial Products & Machinery > Industrial Products & Services was awarded in FY2011 on Dec 16, 2010 to FIRST IRAQI CONTRACTING COMPANY by I CORPS. There have been $1.2M in obligations to date with a ceiling value of $9.9M, showing a 12% burn rate so far on the contract. The contract was not competed under any preference program with 48 offers received. We expect a 2 year duration with ultimate completion date of Jun 13, 2012.
FIRST IRAQI CONTRACTING COMPANY is a contractor located in - -, doing primarily Industrial Products & Machinery > Industrial Products & Services work for Army. Also, they have shown success winning No/Limited Bias 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 |
---|---|---|---|
0001 | FIRST IRAQI CONTRACTING COMPANY | $767.7k | 01/10/2011 |
0002 | FIRST IRAQI CONTRACTING COMPANY | $401k | 01/20/2011 |