Transportation Award | 693KA924D00008 | PROVIDE BULK MAIL DISTRIBUTION SERVICES FOR DOMESTIC AND INTERNATIONAL MAILINGS APM-300

693KA924D00008 - PROVIDE BULK MAIL DISTRIBUTION SERVICES FOR DOMEST...

Federal Contract Award Search » IDC Award

This IDC contract for Package Delivery & Packaging > Transportation and Logistics Services was awarded in FY2024 on Jul 2, 2024 to GRACE EXECUTIVE MANAGEMENT LLC by DOT Federal Aviation Administration. There have been $150k in obligations to date with a ceiling value of $1.8M, showing a 9% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Jun 29, 2025.

GRACE EXECUTIVE MANAGEMENT LLC is a contractor located in MD, doing primarily Package Delivery & Packaging > Transportation and Logistics Services work for Transportation. 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
693KA924D00008
Obligations to Date
$150k
Ceiling Value
$1.8M
Award Date
07/02/2024
Contract Type
IDC
Competition Set Aside Type
Service Disabled Veteran Owned Small Business Set-Aside

Buying Agency/Office
Transportation»DOT Federal Aviation Administration


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Task Order History

Task Order No. Contractor Obligations Effective Date
693KA924F00187 GRACE EXECUTIVE MANAGEMENT LLC $150k 08/06/2024

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