Labor Award | DOLJ149635388 | , FINANCIAL SERVICES, DOL-WIDE, MAC, FFP/IDIQ SERVICE CONTRACT. BASE PLUS 4 OPTION YEAR PERIODS.

DOLJ149635388 - , FINANCIAL SERVICES, DOL-WIDE, MAC, FFP/IDIQ SER...

Federal Contract Award Search » IDC Award - DOL-Wide Financial Services (2014)

This IDC contract for Financial services was awarded in FY2014 on Dec 19, 2013 to VERDI CONSULTING, INC. by Office of the Assistant Secretary for Administration & Management. There have been $14.6M in obligations to date with a ceiling value of $100M, showing a 15% burn rate so far on the contract. The contract was not competed under any preference program with 14 offers received. We expect a 6 year duration with ultimate completion date of Jun 14, 2019.

VERDI CONSULTING, INC. is a contractor located in VA, doing primarily Real Estate Services work for Agriculture. The company receives $9.5M 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.

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Contract Number
DOLJ149635388
Obligations to Date
$14.6M
Ceiling Value
$100M
Award Date
12/19/2013
Contract Type
IDC
Competition Set Aside Type
No set aside used



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Task Order History

Task Order No. Contractor Obligations Effective Date
DOLOPS14T00001 VERDI CONSULTING, INC. $1.8M 04/25/2014
DOLOPS14T00007 VERDI CONSULTING, INC. $1.2M 05/09/2014
DOLOPS15T00079 VERDI CONSULTING, INC. $1.4M 04/24/2015
DOLOPS16T00048 VERDI CONSULTING, INC. $2.6M 04/22/2016
1630DC17T00010 VERDI CONSULTING, INC. $299k 05/18/2017
1605DC17T00091 VERDI CONSULTING, INC. $3.9M 09/21/2017
1630DC18F00003 VERDI CONSULTING, INC. $140.9k 11/14/2017
1605DC19F00043 VERDI CONSULTING, INC. $836.6k 02/06/2019
1605DC19F00102 VERDI CONSULTING, INC. $2.4M 03/26/2019

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