FA853323D0003 - BORESCOPES

This IDC contract for Test & Measurement Supplies was awarded in FY2023 on Jan 27, 2023 to OLYMPUS AMERICA INC. by Support Equipment & Vehicles Division (WNZ). There have been $20M in obligations to date with a ceiling value of $22.3M, showing a 90% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 10 year duration with ultimate completion date of Jan 25, 2033.

OLYMPUS AMERICA INC. is a contractor located in MA, doing primarily Test & Measurement Supplies work for Navy. The company receives $4.7M 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.

Read the full report

Buying Agency/Office

Air Force»Air Force Materiel Command»Air Force Life Cycle Management Center»Agile Combat Support Directorate (WN)»Support Equipment & Vehicles Division (WNZ)

Read the full report