This IDC contract for Passenger Travel was awarded in FY2023 on November 18, 2022 to VETERANS TRANSPORTATION MANAGEMENT LLC by VISN 4 - VA Health Care. There have been $448k in obligations to date with a ceiling value of $448k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 2 year duration with ultimate completion date of January 04, 2024.
VETERANS TRANSPORTATION MANAGEMENT LLC is a contractor located in PA, doing primarily Passenger Travel work for Veterans Affairs. The company receives $579.1k 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|
|36C24423N0222||VETERANS TRANSPORTATION MANAGEMENT LLC||$448k||11/18/2022|