6973GH22D00065 - TRAINING AND TRAINING SUPPORT SERVICES IN SUPPORT ...
Federal Contract Award Search » IDC Award
This IDC contract for Education/Training > Human Capital was awarded in FY2022 on May 12, 2022 to Wells Global, LLC by Mike Monroney Aeronautical Center. There have been $780.9k in obligations to date with a ceiling value of $4.8M, showing a 16% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 3 year duration with ultimate completion date of May 10, 2025.
Wells Global, LLC is a contractor located in NC, doing primarily Electrical & Electronics Equipment > Electronic & Communication Services work for Transportation. The company receives $30.2M 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.
- Contract Number
- 6973GH22D00065
- Contractor
- WELLS GLOBAL, LLC
- Obligations to Date
- $780.9k
- Ceiling Value
- $4.8M
- Award Date
- 05/12/2022
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Transportation»DOT Federal Aviation Administration»FAA Office of Finance and Management (AFN)»Mike Monroney Aeronautical Center
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 6973GH22F00993 | WELLS GLOBAL, LLC | $238.6k | 05/17/2022 |
| 6973GH23F00947 | WELLS GLOBAL, LLC | $43.7k | 04/13/2023 |
| 6973GH24F00042 | WELLS GLOBAL, LLC | $66.2k | 10/26/2023 |
| 6973GH24F00611 | WELLS GLOBAL, LLC | $189.8k | 04/01/2024 |
| 6973GH24F00633 | WELLS GLOBAL, LLC | $256.4k | 04/08/2024 |
