N4008016D0309 - NAVAL RESEARCH LABORATORY FACILITY SUPPORT SERVI...

This IDC contract for Facility Related Services > Facilities Maintenance, Facility Related Services > Facilities Repair was awarded in FY2016 on Apr 1, 2016 to SPECTRUM-CBS JV LLC by Naval Research Laboratory (NRL). There have been $28.9M in obligations to date with a ceiling value of $41.4M, showing a 70% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of May 30, 2021.

SPECTRUM-CBS JV LLC is a contractor located in DC, doing primarily Facility Related Services > Facilities Maintenance work for Treasury. The company receives $6.7M 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

Navy»Office of Naval Research»Naval Research Laboratory (NRL)

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