Navy Award | N4008415D4505 | MAINTENANCE&TESTING OF VTE SYSTEMS AT CFA CHINHAE, AND CFAC FAMILY HOUSING, KOREA

N4008415D4505 - MAINTENANCE&TESTING OF VTE SYSTEMS AT CFA CH...

Federal Contract Award Search » IDC Award

This IDC contract for Facility Related Services > Facilities Maintenance, Logistics Equipment > Industrial Products & Services, Equipment Maintenance was awarded in FY2015 on Aug 31, 2015 to KC ELEVATOR CO., LTD. by Fleet Activities Chinhae. There have been $310k in obligations to date with a ceiling value of $1.7M, showing a 18% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Aug 30, 2020.

KC ELEVATOR CO., LTD. is a contractor located in SEOUL, doing primarily Electrical & Electronics Equipment > Electronic & Communication Services work for Army. The company receives $768.5k 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
N4008415D4505
Obligations to Date
$310k
Ceiling Value
$1.7M
Award Date
08/31/2015
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Navy»Navy Installations Command (CNIC)»CNIC Navy Region Korea»Fleet Activities Chinhae


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Task Order History

Task Order No. Contractor Obligations Effective Date
0001 KC ELEVATOR CO., LTD. $50.4k 08/31/2015
0002 KC ELEVATOR CO., LTD. $1.3k 10/23/2015
0003 KC ELEVATOR CO., LTD. $8.5k 03/28/2016
0004 KC ELEVATOR CO., LTD. $51k 08/23/2016
N4008417F4240 KC ELEVATOR CO., LTD. $56.8k 08/29/2017
N4008418F4665 KC ELEVATOR CO., LTD. $65.7k 08/31/2018
N4008419F4529 KC ELEVATOR CO., LTD. $76.3k 06/28/2019

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