47QTCA19D008J - FEDERAL SUPPLY SCHEDULE CONTRACT
Federal Contract Award Search » FSS Award - Multiple Award Schedule (MAS)
This FSS contract for IT Outsourcing, Business Admin Services was awarded in FY2019 on Mar 26, 2019 to Insignia Federal Group, LLC by Federal Acquisition Service. There have been $5M in obligations to date with a ceiling value of $25.8M, showing a 19% burn rate so far on the contract. The contract was not competed under any preference program with 999 offers received. We expect a 10 year duration with ultimate completion date of Mar 25, 2029.
Insignia Federal Group, LLC is a contractor located in VA, doing primarily IT Outsourcing work for Labor. The company receives $19.1M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
The General Services Administration (GSA), the central acquisition entity within the Federal Government, manages a catalog of Multiple Award Schedules (MAS). The GSA uses MAS to establish lines of business or cohorts of contractors grouped by similar goods and services. Schedules are open to all government customers and provide a streamlined process to procure various professional services, IT services, and products, ranging from cars to hardware.
- Contract Number
- 47QTCA19D008J
- Contractor
- INSIGNIA FEDERAL GROUP, LLC
- Obligations to Date
- $5M
- Ceiling Value
- $25.8M
- Award Date
- 03/26/2019
- Contract Type
- FSS
- Contract Vehicle
- Multiple Award Schedule (MAS)
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- General Services Administration»Federal Acquisition Service
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 75P00119F80219 | INSIGNIA FEDERAL GROUP, LLC | $3.5M | 09/27/2019 |
| 1605TA24F00055 | INSIGNIA FEDERAL GROUP, LLC | $1.5M | 09/27/2024 |
