This IDC contract for Package Delivery & Packaging > Transportation and Logistics Services was awarded in FY2022 on July 27, 2022 to FG MANAGEMENT GROUP LLC by Boise VA Medical Center (Boise, ID). There have been $613.1k in obligations to date with a ceiling value of $1.8M, showing a 34% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 4 offers received. We expect a 5 year duration with ultimate completion date of July 30, 2027.
FG MANAGEMENT GROUP LLC is a contractor located in NJ, doing primarily Package Delivery & Packaging > Transportation and Logistics Services work for Veterans Affairs. The company receives $2.7M 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. FG MANAGEMENT GROUP LLC is a certified 8(a) contractor through January 06, 2030.
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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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
36C26022N0590 | FG MANAGEMENT GROUP LLC | $187.1k | 07/28/2022 |
36C26023N0446 | FG MANAGEMENT GROUP LLC | $213k | 06/29/2023 |
36C26024N0368 | FG MANAGEMENT GROUP LLC | $213k | 07/09/2024 |