36C10G24D0037 - SURGICAL IMPLANTS NEXT GENERATION

This IDC contract for Medical Equipment & Supplies > Medical Supplies/Equipment was awarded in FY2024 on December 06, 2023 to MEDTRONIC, INC. by Strategic Acquisition Center. There have been $873.9k in obligations to date with a ceiling value of $600.5M, showing a 0% 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 December 13, 2024.

MEDTRONIC, INC. is a contractor located in MN, doing primarily Medical Equipment & Supplies > Medical Supplies/Equipment work for Defense. The company receives $21.3M 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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Buying Agency/Office

Veterans Affairs » VA Office of Acquisition, Logistics and Construction » Office of Procurement, Acquisition and Logistics » Strategic Acquisition Center

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