N4008507A2264 - BPA FOR ELECTRICAL WORK ~ STATION

This IDC contract was awarded in FY2007 on Mar 22, 2007 to ELECON LLC by . There have been $855.7k in obligations to date with a ceiling value of $1,000k, showing a 86% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 7 offers received. We expect a 5 year duration with ultimate completion date of Mar 19, 2012.

ELECON LLC is a contractor located in NC, doing primarily Electrical & Electronics Equipment > Electronic & Communication Services work for Navy. 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.

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