75R60223D00001 - HSB115 C 5223 OPTN MODERNIZATION PROGRAM MANAGEMEN...
Federal Contract Award Search » IDC Award
This IDC contract for Business Admin Services was awarded in FY2023 on Mar 28, 2023 to SUMMOME NATIVE VENTURES LLC by Health Resources and Services Administration. There have been $19.6M in obligations to date with a ceiling value of $25M, showing a 78% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 2 year duration with ultimate completion date of Mar 6, 2025.
SUMMOME NATIVE VENTURES LLC is a contractor located in AL, doing primarily Business Admin Services work for Treasury. 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
- 75R60223D00001
- Contractor
- SUMMOME NATIVE VENTURES LLC
- Obligations to Date
- $19.6M
- Ceiling Value
- $25M
- Award Date
- 03/28/2023
- Contract Type
- IDC
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Health and Human Services»Health Resources and Services Administration
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 75R60223F34001 | SUMMOME NATIVE VENTURES LLC | $1.9M | 04/06/2023 |
| 75R60223F34002 | SUMMOME NATIVE VENTURES LLC | $29.9k | 05/12/2023 |
| 75R60223F34003 | SUMMOME NATIVE VENTURES LLC | $6M | 08/23/2023 |
| 75R60224F34004 | SUMMOME NATIVE VENTURES LLC | $109.5k | 08/14/2024 |
| 75R60224F34005 | SUMMOME NATIVE VENTURES LLC | $6.1M | 08/20/2024 |
| 75R60224F34006 | SUMMOME NATIVE VENTURES LLC | $5.5M | 09/25/2024 |
