This IDC contract for Healthcare > Medical Practitioners was awarded in FY2023 on December 08, 2022 to Seven Corners, Inc by FPC Duluth. There have been $1.1M in obligations to date with a ceiling value of $6.8M, showing a 16% burn rate so far on the contract. The contract was not competed under any preference program with 5 offers received. We expect a 5 year duration with ultimate completion date of December 30, 2027.
Seven Corners, Inc is a contractor located in IN, doing primarily Healthcare > Medical Practitioners work for Justice. The company receives $65M 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.
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|Task Order No.||Contractor||Obligations||Effective Date|
|15B40223F00000017||SEVEN CORNERS, INC||$92k||01/11/2023|
|15B40223F00000020||SEVEN CORNERS, INC||$78k||02/07/2023|
|15B40223F00000026||SEVEN CORNERS, INC||$127k||03/22/2023|
|15B40223F00000027||SEVEN CORNERS, INC||$76k||03/22/2023|
|15B40223F00000033||SEVEN CORNERS, INC||$89k||05/22/2023|
|15B40223F00000032||SEVEN CORNERS, INC||$89k||05/22/2023|
|15B40223F00000034||SEVEN CORNERS, INC||$111k||05/22/2023|
|15B40223F00000037||SEVEN CORNERS, INC||$155k||06/23/2023|
|15B40223F00000036||SEVEN CORNERS, INC||$171k||06/23/2023|
|15B40224F00000011||SEVEN CORNERS, INC||$95k||11/07/2023|
|15B40224F00000012||SEVEN CORNERS, INC||$22k||11/07/2023|