03310323D0052 - XX::IGG

This IDC contract for Business Admin Services, IT Hardware, Records Management > Professional Services, IT Outsourcing, Printed/Published Media, Science/Engineering > Professional Services was awarded in FY2023 on Sep 14, 2023 to IHS Global by Library of Congress. There have been $845k in obligations to date with a ceiling value of $24M, showing a 4% burn rate so far on the contract. The contract was not competed under any preference program with 50 offers received. We expect a 5 year duration with ultimate completion date of Dec 30, 2028.

IHS Global is a contractor located in CO, doing primarily IT Software work for Navy. The company receives $44.9M 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.

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

Congress»Library of Congress

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