N6895002D0051 -

This IDC contract for Construction & Related Services > Architect, Engineering & Construction, Construction & Related Services > Research and Development was awarded in FY2002 on Sep 30, 2002 to FAR EAST CONSTRUCTION CORPORATION by . There have been $33.8M in obligations to date with a ceiling value of $33.8M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 5 offers received. We expect a 6 year duration with ultimate completion date of Mar 30, 2008.

FAR EAST CONSTRUCTION CORPORATION is a contractor located in IL, doing primarily Facility Related Services > Facilities Repair work for Interior. 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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