N4008516D5525 - ,DESIGN-BUILD/DESIGN BID-BUILD INDEFINITE DELIVER...
Federal Contract Award Search » IDC Award - MATOC Albany Georgia (2017)
This IDC contract for Facility Related Services > Facilities Repair, Construction & Related Services > Architect, Engineering & Construction, IT Outsourcing was awarded in FY2016 on Sep 30, 2016 to Futron, Inc by NAVFAC Mid-Atlantic. There have been $10.2M in obligations to date with a ceiling value of $95M, showing a 11% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 43 offers received. We expect a 6 year duration with ultimate completion date of Sep 28, 2022.
Futron, Inc is a contractor located in VA, doing primarily Construction & Related Services > Architect, Engineering & Construction work for State. The company receives $11M 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.
- Contract Number
- N4008516D5525
- Contractor
- FUTRON, INCORPORATED
- Obligations to Date
- $10.2M
- Ceiling Value
- $95M
- Award Date
- 09/30/2016
- Contract Type
- IDC
- Contract Vehicle
- MATOC Albany Georgia (2017)
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Navy»Naval Facilities Engineering Command (NAVFAC)»NAVFAC Atlantic»NAVFAC Mid-Atlantic
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | FUTRON, INCORPORATED | $5k | 09/30/2016 |
| 0002 | FUTRON, INCORPORATED | $303.4k | 04/19/2017 |
| 0003 | FUTRON, INCORPORATED | $287.1k | 06/23/2017 |
| N4008517F5097 | FUTRON, INCORPORATED | $89.9k | 09/18/2017 |
| N4008517F5163 | FUTRON, INCORPORATED | $848.7k | 09/26/2017 |
| N4008517F5430 | FUTRON, INCORPORATED | $1.8M | 09/28/2017 |
| N4008517F5488 | FUTRON, INCORPORATED | $149.8k | 09/29/2017 |
| N4008517F5600 | FUTRON, INCORPORATED | $919k | 09/30/2017 |
| N4008518F7244 | FUTRON, INCORPORATED | $4.5M | 09/30/2018 |
| N6945021F0348 | FUTRON, INCORPORATED | $1.1M | 07/01/2021 |
