70Z03823DL0000001 - OVERHAUL AND REPAIR OF THE CT7 ENGINE, MODULE AND ...

This IDC contract for Aerospace & Defense > Sustainment S&E, Aerospace & Defense > Equipment Related Services was awarded in FY2023 on Dec 13, 2022 to General Electric by USCG-DCMS Aviation Logistics Center (ALC). There have been $26.5M in obligations to date with a ceiling value of $64M, showing a 41% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Dec 11, 2027.

General Electric is a contractor located in CT, doing primarily Aerospace & Defense > Sustainment S&E work for Navy. The company receives $5B 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.

Read the full report

Buying Agency/Office

Homeland Security (DHS)»US Coast Guard (USCG)»USCG Deputy Commandant for Mission Support (USCG-DCMS)»USCG-DCMS Assistant Commandant for Engineering & Logistics (CG-4)»USCG-DCMS Aviation Logistics Center (ALC)

Read the full report