M6785415D7806 -
Federal Contract Award Search » IDC Award
This IDC contract for Training Aids & Devices, IT Outsourcing, IT Software was awarded in FY2015 on Sep 23, 2015 to Riptide Software, Inc. by Defense Finance and Accounting Service (DFAS). There have been $31M in obligations to date with a ceiling value of $47M, showing a 66% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Apr 21, 2020.
Riptide Software, Inc. is a contractor located in FL, doing primarily Training Aids & Devices work for Army. The company receives $32M 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
- M6785415D7806
- Contractor
- RIPTIDE SOFTWARE, INC.
- Obligations to Date
- $31M
- Ceiling Value
- $47M
- Award Date
- 09/23/2015
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- 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 | RIPTIDE SOFTWARE, INC. | $1.7M | 09/24/2015 |
| 0002 | RIPTIDE SOFTWARE, INC. | $4.8M | 12/10/2015 |
| 0003 | RIPTIDE SOFTWARE, INC. | $2.4M | 03/25/2016 |
| 0004 | RIPTIDE SOFTWARE, INC. | $1.3M | 09/16/2016 |
| 0005 | RIPTIDE SOFTWARE, INC. | $316k | 11/22/2016 |
| M6785417F7836 | RIPTIDE SOFTWARE, INC. | $3.2M | 04/21/2017 |
| M6785418F7810 | RIPTIDE SOFTWARE, INC. | $1.3M | 11/22/2017 |
| M6785418F7805 | RIPTIDE SOFTWARE, INC. | $1.4M | 01/31/2018 |
| M6785418F7834 | RIPTIDE SOFTWARE, INC. | $2.5M | 03/20/2018 |
| M6785418F7815 | RIPTIDE SOFTWARE, INC. | $160.8k | 04/20/2018 |
| M6785418F7836 | RIPTIDE SOFTWARE, INC. | $3M | 09/21/2018 |
| M6785419F7852 | RIPTIDE SOFTWARE, INC. | $2.3M | 03/25/2019 |
| M6785419F7853 | RIPTIDE SOFTWARE, INC. | $2.4M | 05/15/2019 |
| M6785420F7824 | RIPTIDE SOFTWARE, INC. | $2.6M | 04/14/2020 |
| M6785420F7838 | RIPTIDE SOFTWARE, INC. | $1.7M | 04/14/2020 |
