83310118D0004 - '' ''
Federal Contract Award Search » IDC Award - Hybrid Contract for Scheduled and Unscheduled Aircraft Inspection Services
This IDC contract for Transportation > Professional Services, Aerospace & Defense > Equipment Related Services, Business Admin Services was awarded in FY2018 on Sep 21, 2018 to IBA GROUP LIMITED by Export-Import Bank of the U.S. (EXIM). There have been $8.4M in obligations to date with a ceiling value of $8.4M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 7 offers received. We expect a 5 year duration with ultimate completion date of Oct 16, 2023.
IBA GROUP LIMITED is a contractor located in SURREY, doing primarily Aerospace & Defense > Equipment Related Services work for Export-Import Bank of the U.S. (EXIM). The company receives $5.2M 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.
- Contract Number
- 83310118D0004
- Contractor
- IBA GROUP LIMITED
- Obligations to Date
- $8.4M
- Ceiling Value
- $8.4M
- Award Date
- 09/21/2018
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Export-Import Bank of the U.S. (EXIM)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 83310119F0005 | IBA GROUP LIMITED | $105k | 11/20/2018 |
| 83310119F0025 | IBA GROUP LIMITED | $350k | 05/31/2019 |
| 83310120F0004 | IBA GROUP LIMITED | $250k | 12/09/2019 |
| 83310120F0014 | IBA GROUP LIMITED | $56.4k | 05/04/2020 |
| 83310120F0017 | IBA GROUP LIMITED | $850.9k | 05/20/2020 |
| 83310120F0023 | IBA GROUP LIMITED | $1.7M | 07/10/2020 |
| 83310120F0035 | IBA GROUP LIMITED | $235k | 08/17/2020 |
| 83310120F0053 | IBA GROUP LIMITED | $1.9M | 09/30/2020 |
| 83310121F0014 | IBA GROUP LIMITED | $61k | 02/02/2021 |
| 83310122F0013 | IBA GROUP LIMITED | $150k | 03/04/2022 |
| 83310122F0025 | IBA GROUP LIMITED | $2.6M | 04/14/2022 |
| 83310122F0045 | IBA GROUP LIMITED | $200k | 07/27/2022 |
