N0002416D4322 - IDIQ LCS SEC EAST MAC II
Federal Contract Award Search » IDC Award - Planned, Facilities, Emergent Maintenance, and Continuous Maintenance on LCS Class Variant - Mayport, FL
This IDC contract for Aerospace & Defense > Equipment Related Services was awarded in FY2016 on Aug 30, 2016 to Lockheed Martin Corporation by Naval Sea Systems Command (NAVSEA). There have been $268.2k in obligations to date with a ceiling value of $209.3M, showing a 0% burn rate so far on the contract. The contract was not competed under any preference program with 5 offers received. We expect a 5 year duration with ultimate completion date of Aug 28, 2021.
Lockheed Martin Corporation is a contractor located in MD, doing primarily Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles work for Navy. The company receives $76.7B 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.
- Contract Number
- N0002416D4322
- Contractor
- LOCKHEED MARTIN CORPORATION
- Obligations to Date
- $268.2k
- Ceiling Value
- $209.3M
- Award Date
- 08/30/2016
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Navy»Naval Sea Systems Command (NAVSEA)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | LOCKHEED MARTIN CORPORATION | $10k | 08/31/2016 |
| 0002 | LOCKHEED MARTIN CORPORATION | $258.2k | 03/22/2017 |
