HSFE6016D0201 - CT NATIONAL FLOOD INSURANCE PROGRAM (NFIP) DIRE...
Federal Contract Award Search » IDC Award
This IDC contract for Financial services, Business Admin Services was awarded in FY2016 on Sep 30, 2016 to TORRENT TECHNOLOGIES INC by FIMA Mitigation Directorate. There have been $137.9M in obligations to date with a ceiling value of $137.9M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of Apr 28, 2021.
TORRENT TECHNOLOGIES INC is a contractor located in MT, doing primarily Financial services work for Homeland Security (DHS). The company receives $27M 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
- HSFE6016D0201
- Contractor
- TORRENT TECHNOLOGIES INC
- Obligations to Date
- $137.9M
- Ceiling Value
- $137.9M
- Award Date
- 09/30/2016
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Homeland Security (DHS)»Federal Emergency Management Agency (FEMA)»FEMA Office of Resilience»FEMA Federal Insurance & Mitigation Administration (FIMA)»FIMA Mitigation Directorate
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| HSFE6016J0242 | TORRENT TECHNOLOGIES INC | $13.9M | 09/30/2016 |
| 70FA6018F00000008 | TORRENT TECHNOLOGIES INC | $25.3M | 11/30/2017 |
| 70FA6019F00000001 | TORRENT TECHNOLOGIES INC | $275k | 12/21/2018 |
| 70FA6019F00000002 | TORRENT TECHNOLOGIES INC | $33.4M | 12/21/2018 |
| 70FA6019F00000043 | TORRENT TECHNOLOGIES INC | $91.7k | 09/19/2019 |
| 70FA6020F00000006 | TORRENT TECHNOLOGIES INC | $149.7k | 01/08/2020 |
| 70FA6020F00000012 | TORRENT TECHNOLOGIES INC | $12.9M | 03/29/2020 |
| 70FA6020F00000060 | TORRENT TECHNOLOGIES INC | $11.9M | 09/29/2020 |
| 70FA6021F00000014 | TORRENT TECHNOLOGIES INC | $39.9M | 03/26/2021 |
| 70FA6021F00000017 | TORRENT TECHNOLOGIES INC | $87.7k | 04/26/2021 |
