0403CT71702 - | Federal Compass

0403CT71702 -

Federal Contract Award Search » IDC Award

This IDC contract for Business Admin Services, IT Outsourcing, Program Management was awarded in FY2003 on September 15, 2003 to Optimal Solutions and Technologies, Inc. by . There have been $798.7k in obligations to date with a ceiling value of $3M, showing a 27% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of October 22, 2008.

Optimal Solutions and Technologies, Inc. is a contractor located in VA, doing primarily Program Management work for Army. The company receives $71.3M 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.

Read the full report


Contract Number
0403CT71702
Obligations to Date
$798.7k
Ceiling Value
$3M
Award Date
09/15/2003
Contract Type
IDC

Buying Agency/Office


Win More Federal Business

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.

Collaboration Stack

All the Right Tools

Business Development & Pipeline Management

We start with the largest federal opportunity database, including forecasts and re-competes, and add layer a suite of pipeline management tools.

Personalized Markets

Our market-centric platform adds context to every pursuit. Every opportunity, every report, tailored specifically to you.

Award Research & Market Intelligence

Find gaps in the market, identify key competitors and teaming partners, evaluate performance, and analyze pathways to new business.

Start Your Free Account Today

Gain Full Access to This Report and...
Contract Opportunities
Pipeline Management
Award Research
Funding Analysis
Partner Identification
Industry and Market Intel
Agency Spending Trends
Competitive Insights

Federal Compass is software designed for today’s federal market.

Explore how the right intel and process can help lead your team to greater success.

Create Free Account

Enjoy instant access to the Federal Compass platform

Task Order History

Task Order No. Contractor Obligations Effective Date
00004200302C0403DO7191214350403CT71702 OPTIMAL SOLUTIONS & TECHNOLOGI $15.5k 02/15/2003
00004200305C0403DO7304114350403CT71702 OPTIMAL SOLUTIONS & TECHNOLOGI $36.1k 05/15/2003
00004200309C0403DO744960403CT71702 OPTIMAL SOLUTIONS & TECHNOLOGI $185.6k 09/15/2003
00004200309CINM0403DO74496INM0403CT71702 OPTIMAL SOLUTIONS & TECHNOLOGI $345.1k 12/05/2003
INM0404DO33732 OPTIMAL SOLUTIONS & TECHNOLOGI $192.4k 02/27/2004
INM0402DO72243 OPTIMAL SOLUTIONS & TECHNOLOGI $24.1k 12/17/2004

Contracting Resources