N4425516D0003 - BASE YEAR FOR IDIQ FFP CONTRACT - VALDEZ FY 16
Federal Contract Award Search » IDC Award
This IDC contract for Facility Related Services > Facilities Maintenance, Facility Related Services > Facilities Repair, IT Security Hardware, Construction & Related Services > Architect, Engineering & Construction was awarded in FY2016 on Sep 13, 2016 to VALDEZ CONSTRUCTION, INC. by Defense Finance and Accounting Service (DFAS). There have been $3.5M in obligations to date with a ceiling value of $4M, showing a 88% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 3 year duration with ultimate completion date of Sep 11, 2019.
VALDEZ CONSTRUCTION, INC. is a contractor located in WA, doing primarily Facility Related Services > Facilities Repair work for Navy. The company receives $504.1k 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
- N4425516D0003
- Contractor
- VALDEZ CONSTRUCTION, INC.
- Obligations to Date
- $3.5M
- Ceiling Value
- $4M
- Award Date
- 09/13/2016
- Contract Type
- IDC
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Defense»Defense Finance and Accounting Service (DFAS)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | VALDEZ CONSTRUCTION, INC. | $66.9k | 09/13/2016 |
| 0002 | VALDEZ CONSTRUCTION, INC. | $619.9k | 09/22/2016 |
| 0003 | VALDEZ CONSTRUCTION, INC. | $238k | 09/30/2016 |
| 0004 | VALDEZ CONSTRUCTION, INC. | $232.2k | 11/29/2016 |
| 0005 | VALDEZ CONSTRUCTION, INC. | $186.1k | 12/20/2016 |
| 0006 | VALDEZ CONSTRUCTION, INC. | $538.4k | 03/31/2017 |
| N4425517F4043 | VALDEZ CONSTRUCTION, INC. | $128.2k | 07/03/2017 |
| N4425517F4214 | VALDEZ CONSTRUCTION, INC. | $472.8k | 09/19/2017 |
| N4425517F4249 | VALDEZ CONSTRUCTION, INC. | $161.4k | 09/21/2017 |
| N4425517F4232 | VALDEZ CONSTRUCTION, INC. | $84.4k | 09/21/2017 |
| N4425517F4276 | VALDEZ CONSTRUCTION, INC. | $228.3k | 09/25/2017 |
| N4425517F4266 | VALDEZ CONSTRUCTION, INC. | $174.2k | 09/25/2017 |
| N4425518F4113 | VALDEZ CONSTRUCTION, INC. | $409.1k | 03/21/2018 |
