This IDC contract for Healthcare > Medical Practitioners, Pharmaceuticals > Pharmaceutical Products, Industrial Products & Machinery > Industrial Products & Services, Science/Engineering > Professional Services, Medical Equipment & Supplies > Medical Supplies/Equipment was awarded in FY2020 on December 11, 2019 to McKesson by Veterans Affairs. There have been $4.4B in obligations to date with a ceiling value of $61.8B, showing a 7% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 3 year duration with ultimate completion date of August 08, 2022.
McKesson is a contractor located in CA, doing primarily Pharmaceuticals > Pharmaceutical Products work for Veterans Affairs. The company employs about 12,000 personnel, with $10.1B 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.
Imagine a world where every report, every insight is tailored specifically to you. Our entire platform is configured around your past performance so that everything is relevant.
We start with the largest federal opportunity database, including forecasts and re-competes, and add layer a suite of pipeline management tools.
Our market-centric platform adds context to every pursuit. Every opportunity, every report, tailored specifically to you.
Find gaps in the market, identify key competitors and teaming partners, evaluate performance, and analyze pathways to new business.
If you do business with the Federal Government, you need Federal Compass.
We are a public sector market intelligence and solutions platform for government contracting.
|Task Order No.||Contractor||Obligations||Effective Date|