This IDC contract for Medical Equipment & Supplies > Medical Supplies/Equipment was awarded in FY2019 on October 04, 2018 to GENESIS VISION INC by VISN 10 - VA Health Care System. There have been no obligations to date with a ceiling value of $6.3M, showing a 0% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 1 year duration with ultimate completion date of October 04, 2019.
GENESIS VISION INC is a contractor located in NY, doing primarily Test & Measurement Supplies work for Defense. The company employs about 2 personnel, with $9M 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|
|36C25019N0155||GENESIS VISION, INC.||$0k||10/04/2018|
|36C25020N0105||GENESIS VISION, INC.||$0k||10/04/2019|
|36C25021N0066||GENESIS VISION, INC.||$0k||10/01/2020|
|36C25022N0086||GENESIS VISION, INC.||$0k||10/02/2021|