This IDC contract for Logistics > Professional Services, Logistics > Transportation and Logistics Services was awarded in FY2023 on Mar 8, 2023 to LEUNG KOW KEE TRANSPORTATION COMPANY LIMITED by Bureau of East Asian and Pacific Affairs. There have been $340k in obligations to date with a ceiling value of $1.1M, showing a 30% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 2 year duration with ultimate completion date of Mar 26, 2025.
LEUNG KOW KEE TRANSPORTATION COMPANY LIMITED is a contractor located in KOWLOON, doing primarily Logistics > Transportation and Logistics Services work for State. The company receives $422.8k 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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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
19GE5023F0255 | LEUNG KOW KEE TRANSPORTATION COMPANY LIMITED | $164.1k | 03/17/2023 |
19GE5024F0196 | LEUNG KOW KEE TRANSPORTATION COMPANY LIMITED | $180.9k | 03/01/2024 |