Navy Award | N4008015D4445 | BASE YEAR IDIQ FOR CONSTRUCTION AND RENOVATION FOR SIGNATURE RENOVATIONS, INC.

N4008015D4445 - BASE YEAR IDIQ FOR CONSTRUCTION AND RENOVATION FOR...

Federal Contract Award Search » IDC Award

This IDC contract for Construction & Related Services > Architect, Engineering & Construction, Facility Related Services > Facilities Maintenance was awarded in FY2015 on Jun 22, 2015 to SIGNATURE RENOVATIONS LLC by NAVFAC Washington. There have been $684k in obligations to date with a ceiling value of $1,000k, showing a 68% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Jun 16, 2016.

SIGNATURE RENOVATIONS LLC is a contractor located in MD, doing primarily Facility Related Services > Facilities Repair work for Army. The company receives $20.5M 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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Contract Number
N4008015D4445
Obligations to Date
$684k
Ceiling Value
$1,000k
Award Date
06/22/2015
Contract Type
IDC
Competition Set Aside Type
8(a) Sole Source

Buying Agency/Office
Navy»Naval Facilities Engineering Command (NAVFAC)»NAVFAC Atlantic»NAVFAC Washington


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Task Order History

Task Order No. Contractor Obligations Effective Date
0002 SIGNATURE RENOVATIONS LLC $224k 09/30/2015
0003 SIGNATURE RENOVATIONS LLC $156.2k 02/18/2016
0004 SIGNATURE RENOVATIONS LLC $303.8k 06/23/2016

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