Securities and Exchange Commission Award | 50310222D0002 | OIAD POSITIER QUANTITATIVE AND QUALITATIVE RESEARCH AND TECHNICAL STAFF

50310222D0002 - OIAD POSITIER QUANTITATIVE AND QUALITATIVE RESEARC...

Federal Contract Award Search » IDC Award

This IDC contract for Business Admin Services, Public Relations and Professional Communications Services was awarded in FY2022 on Dec 27, 2021 to Fors Marsh Group LLC by Securities and Exchange Commission. There have been $1.3M in obligations to date with a ceiling value of $10M, showing a 13% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 3 year duration with ultimate completion date of Dec 25, 2024.

Fors Marsh Group LLC is a contractor located in VA, doing primarily Marketing & Distribution work for Health and Human Services. The company receives $304.6M 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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Contract Number
50310222D0002
Obligations to Date
$1.3M
Ceiling Value
$10M
Award Date
12/27/2021
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Securities and Exchange Commission


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Task Order History

Task Order No. Contractor Obligations Effective Date
50310222F0028 FORS MARSH GROUP LLC $867.7k 02/11/2022
50310222F0115 FORS MARSH GROUP LLC $405.3k 06/29/2022
50310223F0046 FORS MARSH GROUP LLC $63.6k 03/29/2023

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