19AQMM19D0140 - HOTEL ACCOMMODATIONS, RENTAL OF VENUE SPACE, AUDIO... | Federal Compass

19AQMM19D0140 - HOTEL ACCOMMODATIONS, RENTAL OF VENUE SPACE, AUDIO...

Federal Contract Award Search » IDC Award

This IDC contract for Passenger Travel was awarded in FY2019 on September 17, 2019 to 111 EAST 48TH STREET HOLDINGS, LLC by Bureau of Administration. There have been $2.5M in obligations to date with a ceiling value of $5M, showing a 49% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 4 year duration with ultimate completion date of February 27, 2023.

111 EAST 48TH STREET HOLDINGS, LLC is a contractor located in NY, doing primarily Passenger Travel work for State. The company receives $217.9k 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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Contract Number
19AQMM19D0140
Obligations to Date
$2.5M
Ceiling Value
$5M
Award Date
09/17/2019
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
State » DOS Management » Bureau of Administration


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Task Order History

Task Order No. Contractor Obligations Effective Date
19AQMM19F3881 111 EAST 48TH STREET HOLDINGS, LLC $1M 09/20/2019
19AQMM21F4147 111 EAST 48TH STREET HOLDINGS, LLC $377.7k 09/20/2021
19AQMM21F4146 111 EAST 48TH STREET HOLDINGS, LLC $38.8k 09/20/2021
19AQMM22F3462 111 EAST 48TH STREET HOLDINGS, LLC $1M 09/07/2022

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