N6895002D0020 -

This IDC contract for Economic & Public Policy > Research and Development, Aerospace & Defense > Research and Development, Facility Related Services > Facilities Maintenance was awarded in FY2003 on Mar 26, 2003 to STERLING ELEVATOR SERVICE by . There have been $1.4M in obligations to date with a ceiling value of $2.6M, showing a 56% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Jul 30, 2008.

STERLING ELEVATOR SERVICE is a contractor located in IL, doing primarily Economic & Public Policy > Research and Development work for Defense. 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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