693JJ320D000017 - INDEFINITE DELIVERY/INDEFINITE QUANTITY CONTRACT (...
Federal Contract Award Search » IDC Award
This IDC contract for Business Admin Services, Program Management was awarded in FY2020 on Aug 19, 2020 to CTR Management Group, LLC by FHWA Office of the Chief Financial Officer. There have been $5.9M in obligations to date with a ceiling value of $50M, showing a 12% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 79 offers received. We expect a 5 year duration with ultimate completion date of Aug 17, 2025.
CTR Management Group, LLC is a contractor located in VA, doing primarily Business Admin Services work for Transportation. The company receives $10.7M 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
- 693JJ320D000017
- Contractor
- CTR MANAGEMENT GROUP LLC
- Obligations to Date
- $5.9M
- Ceiling Value
- $50M
- Award Date
- 08/19/2020
- Contract Type
- IDC
- Competition Set Aside Type
- 8a Competed
- Buying Agency/Office
- Transportation»DOT Federal Highway Administration»FHWA Office of the Chief Financial Officer
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 693JJ320F000481 | CTR MANAGEMENT GROUP LLC | $64.2k | 09/23/2020 |
| 6982AF21F000099 | CTR MANAGEMENT GROUP LLC | $1.7M | 07/16/2021 |
| 69319521F400038 | CTR MANAGEMENT GROUP LLC | $704.8k | 08/16/2021 |
| 693JJ321F000435 | CTR MANAGEMENT GROUP LLC | $103.1k | 09/28/2021 |
| 69319522F400002 | CTR MANAGEMENT GROUP LLC | $1.4M | 12/20/2021 |
| 69319523F40005N | CTR MANAGEMENT GROUP LLC | $1.4M | 03/01/2023 |
| 693JJ323F00100N | CTR MANAGEMENT GROUP LLC | $122k | 05/01/2023 |
