FA805312D0017 - CLINICAL ACQUISITION FOR SUPPORT SERVICES

This IDC contract for Social Services > Professional Services, Business Admin Services, Healthcare > Medical Practitioners, Pharmaceuticals > Pharmaceutical Products was awarded in FY2012 on Dec 21, 2011 to Platinum Business Corporation by 773rd Enterprise Sourcing Squadron. There have been $98.4M in obligations to date with a ceiling value of $1.2B, showing a 8% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 26 offers received. We expect a 7 year duration with ultimate completion date of Mar 31, 2018.

Platinum Business Corporation is a contractor located in MD, doing primarily Healthcare > Medical Practitioners work for Defense. The company receives $17.9M 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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Buying Agency/Office

Air Force»Air Force Materiel Command»Air Force Installation and Mission Support Center»Air Force Installation Contracting Center»773rd Enterprise Sourcing Squadron

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