F06CL10050 - LEASE FOR USE OF VICTOR BUILDING SPACE

This IDC contract for Office Products & Services, Facilities Purchase & Lease was awarded in FY2006 on Nov 1, 2005 to TRIZECHAHN COLONY SQUARE GP LIMITED LIABILITY COMPANY by . There have been $50.5M in obligations to date with a ceiling value of $50.5M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 15 year duration with ultimate completion date of Oct 30, 2020.

TRIZECHAHN COLONY SQUARE GP LIMITED LIABILITY COMPANY is a contractor located in IL, doing primarily Office Products & Services work for Smithsonian Institution. 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

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