TOFS11D0008 - FINANCIAL SERVICES IN SUPPORT OF THE DEPARTMENT OF...
Federal Contract Award Search » IDC Award - Financial Services Omnibus (2011)
This IDC contract for Financial services was awarded in FY2011 on Apr 27, 2011 to WU CONSULTING LIMITED LIABILITY COMPANY by Special Inspector General, Troubled Asset Relief Program. There have been $3.3M in obligations to date with a ceiling value of $185M, showing a 2% burn rate so far on the contract. The contract was not competed under any preference program with 51 offers received. We expect a 7 year duration with ultimate completion date of Oct 1, 2018.
WU CONSULTING LIMITED LIABILITY COMPANY is a contractor located in VA, doing primarily IT Outsourcing work for Agriculture. The company receives $919.4k 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
- TOFS11D0008
- Contractor
- OCULUS GROUP, LLC
- Obligations to Date
- $3.3M
- Ceiling Value
- $185M
- Award Date
- 04/27/2011
- Contract Type
- IDC
- Contract Vehicle
- Financial Services Omnibus (2011)
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Treasury»Special Inspector General, Troubled Asset Relief Program
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| TOFS11D00080001 | OCULUS GROUP, LLC | $2.6M | 06/15/2011 |
| 0002 | OCULUS GROUP, LLC | $735.1k | 06/10/2014 |
