FA811714D0023 - REPAIR OF DISPLACEMENT GYROSCOPES FOR THE T-38 ...
Federal Contract Award Search » IDC Award
This IDC contract for Test & Measurement Supplies was awarded in FY2014 on Jun 9, 2014 to OLMSTED INSTRUMENT COMPANY by 848th Supply Chain Management Group. There have been $2.4M in obligations to date with a ceiling value of $2.4M, showing a 100% 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 Jun 7, 2019.
OLMSTED INSTRUMENT COMPANY is a contractor located in PA, doing primarily Test & Measurement Supplies work for Air Force. The company receives $828.6k 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.
- Contract Number
- FA811714D0023
- Contractor
- OLMSTED INSTRUMENT COMPANY
- Obligations to Date
- $2.4M
- Ceiling Value
- $2.4M
- Award Date
- 06/09/2014
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Air Force»Air Force Materiel Command»Air Force Sustainment Center»448th Supply Chain Management Wing»848th Supply Chain Management Group
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | OLMSTED INSTRUMENT COMPANY | $85.2k | 07/10/2014 |
| 0002 | OLMSTED INSTRUMENT COMPANY | $109.6k | 12/31/2014 |
| 0003 | OLMSTED INSTRUMENT COMPANY | $170.5k | 04/16/2015 |
| 0004 | OLMSTED INSTRUMENT COMPANY | $230.1k | 09/15/2015 |
| 0005 | OLMSTED INSTRUMENT COMPANY | $230.1k | 03/11/2016 |
| FA811716F0055 | OLMSTED INSTRUMENT COMPANY | $375.9k | 06/24/2016 |
| FA811717F0056 | OLMSTED INSTRUMENT COMPANY | $295.4k | 03/15/2017 |
| FA811718F0002 | OLMSTED INSTRUMENT COMPANY | $338.3k | 10/17/2017 |
| FA811718F0132 | OLMSTED INSTRUMENT COMPANY | $399.6k | 07/23/2018 |
| FA811719F0052 | OLMSTED INSTRUMENT COMPANY | $148k | 03/05/2019 |
