19RP3824D0003 - REAL ESTATE LEGAL SERVICES - FORT BONIFACIO PROPER...
Federal Contract Award Search » IDC Award
This IDC contract for Legal services was awarded in FY2024 on Jul 18, 2024 to SYCIP SALAZAR HERNANDEZ & GATMAITAN by U.S. Embassy Philippines. There have been $42.6k in obligations to date with a ceiling value of $85.1k, showing a 50% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Jul 16, 2025.
SYCIP SALAZAR HERNANDEZ & GATMAITAN is a contractor doing primarily Legal services work for State. The company receives $90.5k 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.
- Contract Number
- 19RP3824D0003
- Contractor
- SYCIP SALAZAR HERNANDEZ & GATMAITAN
- Obligations to Date
- $42.6k
- Ceiling Value
- $85.1k
- Award Date
- 07/18/2024
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- State»Political Affairs»Bureau of East Asian and Pacific Affairs»U.S. Embassy Philippines
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 19RP3824F1326 | SYCIP SALAZAR HERNANDEZ & GATMAITAN | $42.6k | 07/19/2024 |
