PBGC01D170009 - HQ LEASE REPLACEMENT PROGRAM | Federal Compass

PBGC01D170009 - HQ LEASE REPLACEMENT PROGRAM

Federal Contract Award Search » IDC Award

This IDC contract for Construction Related Materials > Equipment Related Services, Program Management, Science/Engineering > Professional Services, Business Admin Services, Furniture was awarded in FY2017 on July 21, 2017 to Akima by DOL Pension Benefit Guaranty Corporation (PBGC). There have been $27M in obligations to date with a ceiling value of $45M, showing a 60% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 6 year duration with ultimate completion date of January 19, 2023.

Akima is a contractor located in VA, doing primarily IT Outsourcing work for Air Force. The company receives $1.3B 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. Akima is a certified 8(a) contractor through February 02, 2028.

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
PBGC01D170009
Contractor
TALU, LLC
Obligations to Date
$27M
Ceiling Value
$45M
Award Date
07/21/2017
Contract Type
IDC
Competition Set Aside Type
8(a) Sole Source

Buying Agency/Office
Labor » DOL Pension Benefit Guaranty Corporation (PBGC)


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Task Order History

Task Order No. Contractor Obligations Effective Date
16PBGC17T5003 TALU, LLC $3.1M 08/09/2017
16PBGC18T0028 TALU, LLC $798.5k 08/30/2018
16PBGC18T0036 TALU, LLC $1.9M 09/28/2018
16PBGC18T0037 TALU, LLC $794.8k 09/28/2018
16PBGC19T0004 TALU, LLC $122.9k 12/21/2018
16PBGC19T0029 TALU, LLC $88.7k 06/17/2019
16PBGC19T0033 TALU, LLC $1.3M 07/17/2019
16PBGC19T0037 TALU, LLC $4M 08/09/2019
16PBGC20T0021 TALU, LLC $9.4M 07/20/2020
16PBGC21T0010 TALU, LLC $985.8k 01/27/2021
16PBGC21T0011 TALU, LLC $86.9k 02/19/2021
16PBGC21T0019 TALU, LLC $4.3M 08/02/2021
16PBGC22T0003 TALU, LLC $147k 03/10/2022

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