N6833501G0307 -

This IDC contract for Marine Products & Materials > Equipment Related Services, Aerospace & Defense > Sustainment S&E, Transportation > Transportation Related Equipment, Science/Engineering > Professional Services, Legal services was awarded in FY2002 on April 12, 2002 to TECHNOLOGY PROGRAM SERVICES ASSOCIATES INCORPORATED by . There have been $4.1M in obligations to date with a ceiling value of $4.1M, showing a 100% 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 1 year duration with ultimate completion date of October 14, 2003.

TECHNOLOGY PROGRAM SERVICES ASSOCIATES INCORPORATED is a contractor located in NJ, doing primarily Science/Engineering > Professional Services work for Navy. The company receives $2.6M 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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