47QFSA20D0005 - LIGHT WEIGHT TACTICAL ALL-TERRAIN VEHICLES (LTATV)

This IDC contract for Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles, Program Management, Business Admin Services, Science/Engineering > Professional Services, Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2020 on May 29, 2020 to Polaris Industries, Inc by SOF AT&L Science & Technology Directorate. There have been $100.9M in obligations to date with a ceiling value of $109M, showing a 93% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 7 year duration with ultimate completion date of May 27, 2027.

Polaris Industries, Inc is a contractor located in MN, doing primarily Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles work for Defense. The company receives $14.1M 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

Defense»US Special Operations Command (USSOCOM)»USSOCOM Special Operations Forces - Acquisition, Technology, & Logistics (SOF AT&L)»SOF AT&L Science & Technology Directorate

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