FA701416D5002 - EXECUTIVE LEADERSHIP COURSE

This IDC contract for Program Management, Education/Training > Human Capital, Business Admin Services, Science/Engineering > Professional Services was awarded in FY2016 on Jul 7, 2016 to Institute for Defense and Business by Assistant Secretary of the Air Force for Acquisition, Technology and Logistics. There have been $2.5M in obligations to date with a ceiling value of $5.2M, showing a 48% burn rate so far on the contract. The contract was not competed under any preference program with 5 offers received. We expect a 2 year duration with ultimate completion date of Jul 9, 2018.

Institute for Defense and Business is a contractor located in NC, doing primarily Education/Training > Human Capital work for Navy. The company receives $762.6k 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.

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Buying Agency/Office

Air Force»Office of the Secretary of the Air Force»Assistant Secretary of the Air Force for Acquisition, Technology and Logistics

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