This IDC contract for Office Products & Services was awarded in FY2024 on January 08, 2024 to Akima by Division of Administrative Services. There have been $1.5M in obligations to date with a ceiling value of $7.9M, showing a 19% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of March 30, 2029.
Akima is a contractor located in VA, doing primarily IT Outsourcing work for Air Force. The company receives $1.3B 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. Akima is a certified 8(a) contractor through February 02, 2028.
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 |
---|---|---|---|
49100424F0025 | HERITAGE INTERIORS LLC | $747.1k | 01/26/2024 |
49100424F0159 | HERITAGE INTERIORS LLC | $768.7k | 07/22/2024 |