19AQMM24D0052 - FIVE YEAR IDIQ FOR HOTEL AND LODGING SETVICES

This IDC contract for Logistics > Transportation and Logistics Services, Passenger Travel, Acquisition Support was awarded in FY2024 on Jun 17, 2024 to C W WORLDWIDE MEETINGS, INC. by Bureau of Diplomatic Security. There have been $21.5M in obligations to date with a ceiling value of $97.6M, showing a 22% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 4 offers received. We expect a 2 year duration with ultimate completion date of Aug 13, 2026.

C W WORLDWIDE MEETINGS, INC. is a contractor located in NY, doing primarily Passenger Travel work for State. The company receives $9.5M 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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Buying Agency/Office

State»DOS Management»Bureau of Diplomatic Security

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