DU204SA13D03 - ASSET MANAGEMENT SERVICES(AM) 3.5 AREA 5S
Federal Contract Award Search » IDC Award
This IDC contract for Real Estate Services was awarded in FY2013 on Sep 30, 2013 to BLB RESOURCES, INC. by Housing and Urban Development. There have been $33.7M in obligations to date with a ceiling value of $148.1M, showing a 23% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 59 offers received. We expect a 6 year duration with ultimate completion date of May 30, 2019.
BLB RESOURCES, INC. is a contractor located in CA, doing primarily Business Admin Services work for General Services Administration. The company receives $8.6M 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
- DU204SA13D03
- Contractor
- BLB RESOURCES, INC.
- Obligations to Date
- $33.7M
- Ceiling Value
- $148.1M
- Award Date
- 09/30/2013
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Housing and Urban Development
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 001 | BLB RESOURCES, INC. | $850.1k | 09/30/2013 |
| 002 | BLB RESOURCES, INC. | $1.6M | 05/12/2014 |
| 003 | BLB RESOURCES, INC. | $1.2M | 05/28/2015 |
| 004 | BLB RESOURCES, INC. | $1,000k | 05/26/2016 |
| 0003 | BLB RESOURCES, INC. | $1,000k | 09/27/2016 |
| 0005 | BLB RESOURCES, INC. | $10.2M | 05/31/2017 |
| 86544A18F00006 | BLB RESOURCES, INC. | $17.8M | 05/17/2018 |
