50310219D0019 - READER SERVICES AND PERSONAL ASSISTANCE SERVICES
Federal Contract Award Search » IDC Award
This IDC contract for Business Admin Services was awarded in FY2019 on July 17, 2019 to ADNET ACCOUNTNET INC by Securities and Exchange Commission. There have been $1.6M in obligations to date with a ceiling value of $4M, showing a 39% 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 August 01, 2024.
ADNET ACCOUNTNET INC is a contractor located in MD, doing primarily Business Admin Services work for Health and Human Services. The company receives $2.8M 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.
- Contract Number
- 50310219D0019
- Contractor
- ADNET/ACCOUNTNET, INC.
- Obligations to Date
- $1.6M
- Ceiling Value
- $4M
- Award Date
- 07/17/2019
- Contract Type
- IDC
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Securities and Exchange Commission
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 50310219F0136 | ADNET/ACCOUNTNET, INC. | $286.8k | 07/18/2019 |
| 50310220F0092 | ADNET/ACCOUNTNET, INC. | $325.2k | 05/21/2020 |
| 50310221F0060 | ADNET/ACCOUNTNET, INC. | $244.1k | 06/08/2021 |
| 50310221F0095 | ADNET/ACCOUNTNET, INC. | $0.1k | 06/25/2021 |
| 50310222F0134 | ADNET/ACCOUNTNET, INC. | $236.2k | 07/18/2022 |
| 50310223F0073 | ADNET/ACCOUNTNET, INC. | $475.1k | 07/17/2023 |
