03310319D0022 - XX::IGG | Federal Compass

03310319D0022 - XX::IGG

Federal Contract Award Search » IDC Award

This IDC contract for Education/Training > Research and Development, IT Outsourcing, Records Management > Professional Services, Printed/Published Media, IT Hardware was awarded in FY2019 on March 25, 2019 to The Economist Group by Library of Congress. There have been $1.5M in obligations to date with a ceiling value of $5M, showing a 29% burn rate so far on the contract. The contract was not competed under any preference program with 51 offers received. We expect a 5 year duration with ultimate completion date of March 30, 2024.

The Economist Group is a contractor located in NY, doing primarily IT Software work for Commerce. The company receives $808.8k 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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Contract Number
03310319D0022
Obligations to Date
$1.5M
Ceiling Value
$5M
Award Date
03/25/2019
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Congress » Library of Congress


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Task Order History

Task Order No. Contractor Obligations Effective Date
N0012419F0262 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $10.4k 09/05/2019
N0012420F0226 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $10.6k 09/03/2020
19AQMM20F3777 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $159.3k 09/28/2020
20343021F00006 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $61k 12/28/2020
N0012421F0272 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $11.2k 09/03/2021
19AQMM21F4328 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $165.7k 09/22/2021
83310122F0004 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $229.9k 11/04/2021
19AQMM22F0777 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $26.2k 02/16/2022
1331L522F13OS0273 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $349.9k 07/05/2022
1331L522F13500505 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $180.1k 08/19/2022
N0012422F0184 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $11.9k 08/23/2022
19AQMM22F2441 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $172.6k 09/27/2022
N0012423F0156 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $12.6k 08/23/2023
19AQMM23F2901 ECONOMIST INTELLIGENCE UNIT, NA, INCORPORATED, THE $48.7k 09/16/2023

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