Defense Award | N4425516D0003 | BASE YEAR FOR IDIQ FFP CONTRACT - VALDEZ FY 16

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.

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Contract Number
N4425516D0003
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

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