N4008514D3150 - IQ CONTRACT FOR DB/DBB CONSTRUCTION
Federal Contract Award Search » IDC Award
This IDC contract for Electrical & Electronics Equipment > Electronic & Communication Services, Facility Related Services > Facilities Repair was awarded in FY2014 on Sep 22, 2014 to Rand Enterprises, Inc. by Norfolk Naval Shipyard (NNSY). There have been $3.7M in obligations to date with a ceiling value of $4M, showing a 93% 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 20, 2017.
Rand Enterprises, Inc. is a contractor located in VA, doing primarily Facility Related Services > Facilities Repair work for Navy. The company receives $10.5M 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.
- Contract Number
- N4008514D3150
- Contractor
- RAND ENTERPRISES, INC.
- Obligations to Date
- $3.7M
- Ceiling Value
- $4M
- Award Date
- 09/22/2014
- Contract Type
- IDC
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Navy»Naval Sea Systems Command (NAVSEA)»NAVSEA Industrial Operations (SEA 04)»Norfolk Naval Shipyard (NNSY)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | RAND ENTERPRISES, INC. | $645.5k | 09/22/2014 |
| 0003 | RAND ENTERPRISES, INC. | $628.5k | 09/25/2014 |
| 0002 | RAND ENTERPRISES, INC. | $261.1k | 09/25/2014 |
| 0005 | RAND ENTERPRISES, INC. | $67.9k | 09/26/2014 |
| 0004 | RAND ENTERPRISES, INC. | $127.4k | 09/26/2014 |
| 0006 | RAND ENTERPRISES, INC. | $92.8k | 09/30/2014 |
| 0007 | RAND ENTERPRISES, INC. | $160.1k | 03/16/2015 |
| 0008 | RAND ENTERPRISES, INC. | $237.8k | 09/26/2015 |
| 0009 | RAND ENTERPRISES, INC. | $88.3k | 09/28/2015 |
| 0010 | RAND ENTERPRISES, INC. | $214.1k | 09/28/2016 |
| 0011 | RAND ENTERPRISES, INC. | $449.6k | 09/29/2016 |
| 0012 | RAND ENTERPRISES, INC. | $581.3k | 09/30/2016 |
| 0013 | RAND ENTERPRISES, INC. | $161.1k | 12/07/2016 |
