This IDC contract for Aerospace & Defense > Sustainment S&E, Automotive Parts & Products > Equipment Related Services was awarded in FY2021 on May 24, 2021 to TURBO COMBUSTOR TECHNOLOGY INC by Oklahoma City Air Logistics Complex. There have been $860.5k in obligations to date with a ceiling value of $1.5M, showing a 59% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of May 22, 2026.
TURBO COMBUSTOR TECHNOLOGY INC is a contractor located in FL, doing primarily Aerospace & Defense > Sustainment S&E work for Defense. 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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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
FA812122F0099 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $43.7k | 04/29/2022 |
FA812123F0085 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $14.6k | 02/06/2023 |
FA812123F0157 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $43.7k | 05/10/2023 |
FA812123F0160 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $29.1k | 05/11/2023 |
FA812123F0225 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $43.7k | 07/14/2023 |
FA812123F0259 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $14.6k | 09/14/2023 |
FA812124F0002 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $162.1k | 10/19/2023 |
FA812124F0014 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $14.6k | 11/01/2023 |
FA812124F0017 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $29.1k | 11/06/2023 |
FA812124F0049 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $43.7k | 12/01/2023 |
FA812124F0193 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $203.7k | 05/15/2024 |
FA812124F0195 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $14.6k | 05/15/2024 |
FA812124F0253 | TURBOCOMBUSTOR TECHNOLOGY, INC. | $218.3k | 08/21/2024 |