Treasury Award | TOFS16D0002 | CL -- PROFESSIONAL LEGAL SERVICES

TOFS16D0002 - CL -- PROFESSIONAL LEGAL SERVICES

Federal Contract Award Search » IDC Award

This IDC contract for Legal services was awarded in FY2016 on Jan 12, 2016 to HUGHES HUBBARD AND REED LLP by Special Inspector General, Troubled Asset Relief Program. There have been $91.8k in obligations to date with a ceiling value of $1,000k, showing a 9% 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 Jul 12, 2021.

HUGHES HUBBARD AND REED LLP is a contractor located in DC, doing primarily Business Admin Services work for Woodrow Wilson International Center for Scholars (Wilson Center). The company receives $62.6k 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
TOFS16D0002
Obligations to Date
$91.8k
Ceiling Value
$1,000k
Award Date
01/12/2016
Contract Type
IDC
Competition Set Aside Type
No set aside used



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Task Order History

Task Order No. Contractor Obligations Effective Date
0001 HUGHES HUBBARD & REED LLP $0.00 01/20/2016
0002 HUGHES HUBBARD & REED LLP $91.8k 07/21/2016

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