47PD0320D0019 - 47PD0320D0019 - LARGE TERM EAST FIELD OFFICE IDIQ ...

This IDC contract for Facility Related Services > Facilities Repair was awarded in FY2020 on August 07, 2020 to Eastern Construction & Electric Inc by PBS Region 3 Mid-Atlantic. There have been $10.1M in obligations to date with a ceiling value of $75M, showing a 13% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 32 offers received. We expect a 4 year duration with ultimate completion date of September 02, 2024.

Eastern Construction & Electric Inc is a contractor located in NJ, doing primarily Facility Related Services > Facilities Repair work for Army. The company receives $18.5M 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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Buying Agency/Office

General Services Administration » Public Buildings Service » PBS Regional Offices » PBS Region 3 Mid-Atlantic

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