This IDC contract for Test & Measurement Supplies, Medical Equipment & Supplies > Medical Supplies/Equipment, Medical Equipment & Supplies > Equipment Related Services, IT Hardware, Industrial Products & Machinery > Industrial Products & Services was awarded in FY2017 on April 06, 2017 to Hologic, Inc. by DLA Medical Directorate. There have been $103.9M in obligations to date with a ceiling value of $1,000M, showing a 10% burn rate so far on the contract. The contract was not competed under any preference program with 27 offers received. We expect a 10 year duration with ultimate completion date of April 04, 2027.
Hologic, Inc. is a contractor located in MA, doing primarily Test & Measurement Supplies work for Air Force. The company receives $60.3M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias 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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