FA851714D0016 - THIRD PARTY LOGISTICS (3PL) SERVICES TO SOURCE, ...
Federal Contract Award Search » IDC Award - Third Party Logistics (3PL) Service Acquisition (2014)
This IDC contract for Aerospace & Defense > Industrial Products & Services, Business Admin Services, Hardware & Tools, Test & Measurement Supplies, Transportation > Transportation Related Equipment was awarded in FY2014 on Aug 15, 2014 to PRECISION AIR INC. by Support Equipment & Vehicles Division (WNZ). There have been $32.4M in obligations to date with a ceiling value of $57M, showing a 57% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 4 offers received. We expect a 8 year duration with ultimate completion date of Jan 30, 2022.
PRECISION AIR INC. is a contractor located in SC, doing primarily Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles work for State. The company receives $15.6M 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.
- Contract Number
- FA851714D0016
- Contractor
- PRECISION AIR INC.
- Obligations to Date
- $32.4M
- Ceiling Value
- $57M
- Award Date
- 08/15/2014
- Contract Type
- IDC
- Contract Vehicle
- Third Party Logistics (3PL) Service Acquisition (2014)
- Competition Set Aside Type
- 8a Competed
- Buying Agency/Office
- Air Force»Air Force Materiel Command»Air Force Life Cycle Management Center»Agile Combat Support Directorate (WN)»Support Equipment & Vehicles Division (WNZ)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | PRECISION AIR INC. | $416.4k | 08/15/2014 |
| 0003 | PRECISION AIR INC. | $110.2k | 01/22/2015 |
| 0002 | PRECISION AIR INC. | $49k | 01/22/2015 |
| 0004 | PRECISION AIR INC. | $30.7k | 01/29/2015 |
| 0005 | PRECISION AIR INC. | $119k | 01/30/2015 |
| 0006 | PRECISION AIR INC. | $141.8k | 02/06/2015 |
| 0008 | PRECISION AIR INC. | $119.2k | 02/12/2015 |
| 0009 | PRECISION AIR INC. | $156.3k | 02/13/2015 |
| 0012 | PRECISION AIR INC. | $40.3k | 02/23/2015 |
| 0011 | PRECISION AIR INC. | $641.6k | 02/23/2015 |
| 0010 | PRECISION AIR INC. | $9.4k | 02/26/2015 |
| 0013 | PRECISION AIR INC. | $273.5k | 02/27/2015 |
| 0014 | PRECISION AIR INC. | $26.1k | 03/04/2015 |
| 0007 | PRECISION AIR INC. | $3.2k | 03/04/2015 |
| 0015 | PRECISION AIR INC. | $18.3k | 03/05/2015 |
| 0016 | PRECISION AIR INC. | $22.6k | 03/06/2015 |
| 0017 | PRECISION AIR INC. | $74k | 03/18/2015 |
| 0018 | PRECISION AIR INC. | $6.6k | 03/18/2015 |
| 0019 | PRECISION AIR INC. | $3.4k | 03/26/2015 |
| 0021 | PRECISION AIR INC. | $44.3k | 04/02/2015 |
