140D0423D0020 - THE PURPOSE OF THIS INDEFINITE DELIVERY INDEFINITE...

This IDC contract for Healthcare > Medical Practitioners was awarded in FY2023 on Mar 1, 2023 to Quest Diagnostics Inc by DOI-IBC Human Resources Directorate. There have been $1.6M in obligations to date with a ceiling value of $3.9M, showing a 40% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Jan 30, 2028.

Quest Diagnostics Inc is a contractor located in MA, doing primarily Healthcare > Medical Practitioners work for Veterans Affairs. The company receives $140.1M 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.

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Buying Agency/Office

Interior»DOI Office of the Secretary»DOI Office of Policy, Management and Budget (PMB)»DOI-PMB Administrative Services»DOI Interior Business Center (IBC)»DOI-IBC Human Resources Directorate

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