N4008507A2331 - MASTER AGREEMENT FOR MECHANICAL WORK @ NADEP

This IDC contract was awarded in FY2007 on Sep 20, 2007 to EASTCOAST INDUSTRIAL SERVICES by . There have been $713.5k in obligations to date with a ceiling value of $1,000k, showing a 71% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 5 offers received. We expect a 5 year duration with ultimate completion date of Sep 19, 2012.

EASTCOAST INDUSTRIAL SERVICES is a contractor located in NC, doing primarily Facility Related Equipment > Equipment Related Services work for Marine Corps. 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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