DU208WR16D04 - NATIONAL MEDIA PLACEMENT SERVICES
Federal Contract Award Search » IDC Award
This IDC contract for Marketing & Distribution was awarded in FY2016 on September 26, 2016 to LIBRA REALTY GROUP, INC. by Housing and Urban Development. There have been $747.1k in obligations to date with a ceiling value of $4.5M, showing a 17% 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 6 year duration with ultimate completion date of March 28, 2022.
LIBRA REALTY GROUP, INC. is a contractor located in GA, doing primarily Business Admin Services work for Health and Human Services. The company receives $2.8M annually in federal awards (as of FY2020). 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
- DU208WR16D04
- Contractor
- LIBRA REALTY GROUP, INC.
- Obligations to Date
- $747.1k
- Ceiling Value
- $4.5M
- Award Date
- 09/26/2016
- Contract Type
- IDC
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Housing and Urban Development
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0320 | LIBRA REALTY GROUP, INC. | $144.5k | 09/30/2016 |
| 0001 | LIBRA REALTY GROUP, INC. | $69k | 11/03/2016 |
| 0322 | LIBRA REALTY GROUP, INC. | $69.9k | 06/29/2017 |
| 0323 | LIBRA REALTY GROUP, INC. | $9.6k | 07/07/2017 |
| 86548B18F00015 | LIBRA REALTY GROUP, INC. | $74.1k | 07/05/2018 |
| 86548B18F00016 | LIBRA REALTY GROUP, INC. | $172k | 07/11/2018 |
| 86614919F00011 | LIBRA REALTY GROUP, INC. | $26.7k | 08/13/2019 |
| 86614919F00012 | LIBRA REALTY GROUP, INC. | $22.7k | 08/23/2019 |
| 86614920F00005 | LIBRA REALTY GROUP, INC. | $3.9k | 06/03/2020 |
| 86614920F00004 | LIBRA REALTY GROUP, INC. | $112.3k | 06/03/2020 |
| 86614921F00007 | LIBRA REALTY GROUP, INC. | $1.9k | 08/18/2021 |
| 86614921F00008 | LIBRA REALTY GROUP, INC. | $40.4k | 08/18/2021 |
