V7974282A -

This IDC contract for Equipment Maintenance, Medical Equipment & Supplies > Medical Supplies/Equipment, IT Outsourcing, Test & Measurement Supplies, IT Hardware, Consumer Products > Miscellaneous S&E, Medical Equipment & Supplies > Equipment Related Services was awarded in FY2003 on January 15, 2003 to OLYMPUS AMERICA INC by . There have been $523.1k in obligations to date with a ceiling value of $523.1k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received.

OLYMPUS AMERICA INC is a contractor located in CA, doing primarily Consumer Products > Miscellaneous S&E work for Interior. 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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