1333ND21DNB770022 - NIST INFORMATION TECHNOLOGY AND DATABASE APPLICATI...

This IDC contract for Science/Engineering > Professional Services, Program Management, IT Outsourcing, Science/Engineering > Research and Development was awarded in FY2021 on Jun 14, 2021 to PROMETHEUS COMPUTING, LLC by National Institute of Standards and Technology (NIST). There have been $20.7M in obligations to date with a ceiling value of $45M, showing a 46% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 10 offers received. We expect a 4 year duration with ultimate completion date of Jun 13, 2025.

PROMETHEUS COMPUTING, LLC is a contractor located in NC, doing primarily IT Outsourcing work for Commerce. The company receives $5.2M 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.

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Buying Agency/Office

Commerce»National Institute of Standards and Technology (NIST)

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