140L0624D0005 - THE PURPOSE OF THIS ACQUISITION IS TO PROCURE A FU...
Federal Contract Award Search » IDC Award - Alaska Legacy and Abandoned Well Remediation IDIQ (2024)
This IDC contract for Facility Related Services > Facilities Repair was awarded in FY2024 on Jun 7, 2024 to OLGOONIK OILFIELD SERVICES, LLC by BLM National Operations Center. There have been $16.3M in obligations to date with a ceiling value of $200M, showing a 8% burn rate so far on the contract. The contract was competed under Indian Small Business Economic Enterprises preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of Jun 9, 2029.
OLGOONIK OILFIELD SERVICES, LLC is a contractor located in AK, doing primarily Facility Related Services > Facilities Maintenance work for Interior. The company receives $97.1k 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
- 140L0624D0005
- Contractor
- OLGOONIK OILFIELD SERVICES, LLC
- Obligations to Date
- $16.3M
- Ceiling Value
- $200M
- Award Date
- 06/07/2024
- Contract Type
- IDC
- Contract Vehicle
- Alaska Legacy and Abandoned Well Remediation IDIQ (2024)
- Competition Set Aside Type
- Indian Small Business Economic Enterprises
- Buying Agency/Office
- Interior»Bureau of Land Management (BLM)»BLM National Operations Center
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 140L0624F0082 | OLGOONIK OILFIELD SERVICES, LLC | $16.3M | 06/07/2024 |
