N0060410AG004 - RENTAL & LEASING OF HEAVY HANDLING EQUIPMENTS

This IDC contract for Marine Products & Materials > Equipment Related Services, Logistics Equipment > Industrial Products & Services, Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2010 on Jan 7, 2010 to MORRICO EQUIPMENT LLC by . There have been $269.1k in obligations to date with a ceiling value of $500k, showing a 54% burn rate so far on the contract. The contract was competed under HUBZone Set-Aside preference program with 4 offers received. We expect a 5 year duration with ultimate completion date of Jan 3, 2015.

MORRICO EQUIPMENT LLC is a contractor located in GU, doing primarily Petro-Chemical Industries > Transportation and Logistics Services work for Defense. Also, they have shown success winning No/Limited Bias 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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