FA810817D0006 - CONTRACT FIELD TEAM (CFT) SERVICES

This IDC contract for Aerospace & Defense > Equipment Related Services, Weapons > Equipment Related Services was awarded in FY2017 on Nov 22, 2016 to Strategic Technology Institute Inc by Oklahoma City Air Logistics Complex. There have been $270.9M in obligations to date with a ceiling value of $11.4B, showing a 2% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Partial preference program with 25 offers received. We expect a 10 year duration with ultimate completion date of May 30, 2026.

Strategic Technology Institute Inc is a contractor located in MD, doing primarily Weapons > Equipment Related Services work for Navy. The company receives $29.3M 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 Force Materiel Command»Air Force Sustainment Center»Oklahoma City Air Logistics Complex

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