19AQMM21D0058 - WATER STORAGE TANK REMEDIATION IDIQ

This IDC contract for Facility Related Services > Facilities Maintenance, Fire Control > Equipment Related Services, Electrical & Electronics Equipment > Electronic & Communication Equipment, Facility Related Equipment > Equipment Related Services, Furniture was awarded in FY2021 on April 14, 2021 to WATERTIGHT SOLUTIONS, LLC by Bureau of Overseas Building Operations. There have been $5.7M in obligations to date with a ceiling value of $25M, showing a 23% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 5 offers received. We expect a 5 year duration with ultimate completion date of April 20, 2026.

WATERTIGHT SOLUTIONS, LLC is a contractor located in NC, doing primarily Fire Control > Equipment Related Services work for State. 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.

Read the full report

Buying Agency/Office

State » DOS Management » Bureau of Overseas Building Operations

Read the full report