FA441823D0003 - THIS REQUIREMENT IS FOR A MULTIPLE AWARD FACILITY ...

This IDC contract for Facility Related Services > Facilities Maintenance, Facility Related Services > Facilities Repair was awarded in FY2023 on Mar 29, 2023 to RAAD CONSTRUCTION GROUP, LLC by 628th Civil Engineer Squadron. There have been $2.6M in obligations to date with a ceiling value of $16.5M, showing a 16% 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 4 year duration with ultimate completion date of Aug 28, 2027.

RAAD CONSTRUCTION GROUP, LLC is a contractor located in NJ, doing primarily Construction & Related Services > Architect, Engineering & Construction work for Smithsonian Institution. The company receives $3.3M 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.

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Buying Agency/Office

Air Force»Air Mobility Command»USAF Expeditionary Center»628th Air Base Wing»628th Mission Support Group»628th Civil Engineer Squadron

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