SPE8E917D0005 - BRUSH,PAINT

This IDC contract for Consumer Products > Facilities & Construction was awarded in FY2017 on Jul 12, 2017 to SPECTRUM PAINT APPLICATOR CORP by DLA Construction and Equipment Directorate. There have been $69k in obligations to date with a ceiling value of $3.5M, showing a 2% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 5 offers received. We expect a 5 year duration with ultimate completion date of Jul 10, 2022.

SPECTRUM PAINT APPLICATOR CORP is a contractor located in NJ, doing primarily Consumer Products > Facilities & Construction work for Defense. The company receives $133.7k 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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Buying Agency/Office

Defense»Defense Logistics Agency (DLA)»DLA Troop Support»DLA Construction and Equipment Directorate

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