FA301616D0015 - HOURLY BUS SERVICE

This IDC contract for Aerospace & Defense > Research and Development, Passenger Travel was awarded in FY2016 on Aug 12, 2016 to Red River Science & Technology, LLC by 502nd Air Base Wing. There have been $4.6M in obligations to date with a ceiling value of $4.7M, showing a 98% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 2 offers received. We expect a 6 year duration with ultimate completion date of Feb 27, 2022.

Red River Science & Technology, LLC is a contractor located in OK, doing primarily Logistics > Professional Services work for Army. The company receives $17.9M 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»Air Education and Training Command (AETC)»502nd Air Base Wing

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