W912P914D0522 - EXHIBIT IDIQ CONTRACT, RIVERS PROJECT OFFICE, WE...
Federal Contract Award Search » IDC Award
This IDC contract for Business Admin Services, Marketing & Distribution was awarded in FY2014 on Aug 1, 2014 to FORMATIONS INC by St Louis District. There have been $2.3M in obligations to date with a ceiling value of $5M, showing a 46% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 6 offers received. We expect a 5 year duration with ultimate completion date of Jul 26, 2019.
FORMATIONS INC is a contractor located in OR, doing primarily Facility Related Services > Facilities Repair work for Army. The company receives $457.5k annually in federal awards (as of FY2020). 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.
- Contract Number
- W912P914D0522
- Contractor
- FORMATIONS INC.
- Obligations to Date
- $2.3M
- Ceiling Value
- $5M
- Award Date
- 08/01/2014
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Army»Army Corps of Engineers»Mississippi Valley Division»St Louis District
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | FORMATIONS INC. | $14.9k | 09/19/2014 |
| 0003 | FORMATIONS INC. | $45k | 09/22/2014 |
| 0002 | FORMATIONS INC. | $45.1k | 09/22/2014 |
| 0004 | FORMATIONS INC. | $45.1k | 04/10/2015 |
| 0005 | FORMATIONS INC. | $26.6k | 06/09/2015 |
| 0006 | FORMATIONS INC. | $151.2k | 08/10/2015 |
| 0007 | FORMATIONS INC. | $238.7k | 08/28/2015 |
| 0008 | FORMATIONS INC. | $18.7k | 12/10/2015 |
| 0009 | FORMATIONS INC. | $126.3k | 03/22/2016 |
| 0010 | FORMATIONS INC. | $25.3k | 07/29/2016 |
| 0011 | FORMATIONS INC. | $108.6k | 08/16/2016 |
| 0012 | FORMATIONS INC. | $19.9k | 08/26/2016 |
| 0013 | FORMATIONS INC. | $11.7k | 08/31/2016 |
| W912P917F0038 | FORMATIONS INC. | $904.3k | 06/15/2017 |
| W912P917F0059 | FORMATIONS INC. | $243.8k | 06/30/2017 |
| W912P917F0143 | FORMATIONS INC. | $50k | 08/28/2017 |
| W912P917F0153 | FORMATIONS INC. | $36k | 09/06/2017 |
| W912P917F0161 | FORMATIONS INC. | $14.3k | 09/06/2017 |
| W912P917F0171 | FORMATIONS INC. | $26.9k | 09/11/2017 |
| W912P918F0202 | FORMATIONS INC. | $15.9k | 06/26/2018 |
