DTFH6115D00007 - NEW CONTRACT.

This IDC contract for Science/Engineering > Professional Services was awarded in FY2015 on Sep 23, 2015 to INTERNATIONAL ROAD DYNAMICS INC by FHWA Office of Acquisition and Grants Management. There have been $2.2M in obligations to date with a ceiling value of $4.9M, showing a 45% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Sep 29, 2020.

INTERNATIONAL ROAD DYNAMICS INC is a contractor located in SK, doing primarily Transportation > Electronic & Communication Equipment work for Army. The company receives $105.7k 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

Transportation»DOT Federal Highway Administration»FHWA Office of the Chief Financial Officer»FHWA Office of Acquisition and Grants Management

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