W91QVN14D0047 - KOREA-WIDE GENERAL CONSTRUCTION MULTIPLE AWARD IND...
Federal Contract Award Search » IDC Award - Korea-Wide General Construction (2014)
This IDC contract for Facility Related Services > Facilities Maintenance, Construction & Related Services > Architect, Engineering & Construction, Facility Related Services > Facilities Repair, Construction Related Materials > Facilities & Construction, Facility Related Materials, Consumer Products > Miscellaneous S&E was awarded in FY2014 on Aug 14, 2014 to YIBON CONSTRUCTION CO., LTD. by USAG Yongsan. There have been $8.6M in obligations to date with a ceiling value of $249M, showing a 3% burn rate so far on the contract. The contract was not competed under any preference program with 38 offers received. We expect a 4 year duration with ultimate completion date of Feb 12, 2018.
YIBON CONSTRUCTION CO., LTD. is a contractor doing primarily Facility Related Services > Facilities Repair work for Army. The company receives $858.6k 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
- W91QVN14D0047
- Contractor
- YIBON CONSTRUCTION CO., LTD.
- Obligations to Date
- $8.6M
- Ceiling Value
- $249M
- Award Date
- 08/14/2014
- Contract Type
- IDC
- Contract Vehicle
- Korea-Wide General Construction (2014)
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Army»Army Materiel Command»Army Installation Management Command (IMCOM)»Pacific Region»USAG Yongsan
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | YIBON CONSTRUCTION CO., LTD. | $7.4k | 09/29/2014 |
| 0002 | YIBON CONSTRUCTION CO., LTD. | $44.1k | 09/29/2014 |
| 0003 | YIBON CONSTRUCTION CO., LTD. | $998.1k | 03/06/2015 |
| 0004 | YIBON CONSTRUCTION CO., LTD. | $14.4k | 04/01/2015 |
| 0005 | YIBON CONSTRUCTION CO., LTD. | $494.5k | 06/18/2015 |
| 0007 | YIBON CONSTRUCTION CO., LTD. | $57.6k | 08/20/2015 |
| 0006 | YIBON CONSTRUCTION CO., LTD. | $181.2k | 08/26/2015 |
| 0008 | YIBON CONSTRUCTION CO., LTD. | $591.7k | 08/31/2015 |
| 0009 | YIBON CONSTRUCTION CO., LTD. | $45.5k | 09/11/2015 |
| 0013 | YIBON CONSTRUCTION CO., LTD. | $25.9k | 12/18/2015 |
| 0015 | YIBON CONSTRUCTION CO., LTD. | $177.9k | 12/30/2015 |
| 0016 | YIBON CONSTRUCTION CO., LTD. | $116.3k | 03/14/2016 |
| 0017 | YIBON CONSTRUCTION CO., LTD. | $65.3k | 06/02/2016 |
| 0019 | YIBON CONSTRUCTION CO., LTD. | $74.8k | 06/23/2016 |
| 0018 | YIBON CONSTRUCTION CO., LTD. | $240k | 06/23/2016 |
| 0020 | YIBON CONSTRUCTION CO., LTD. | $409.6k | 06/30/2016 |
| 0022 | YIBON CONSTRUCTION CO., LTD. | $204.1k | 08/05/2016 |
| 0025 | YIBON CONSTRUCTION CO., LTD. | $140.7k | 08/17/2016 |
| 0024 | YIBON CONSTRUCTION CO., LTD. | $134.2k | 08/22/2016 |
| 0023 | YIBON CONSTRUCTION CO., LTD. | $317.7k | 08/29/2016 |
