FA910124DB001 - UNIVERSITY OF TENNESSEE SPACE INSTITUTE IDIQ
Federal Contract Award Search » IDC Award
This IDC contract for Aerospace & Defense > Research and Development was awarded in FY2024 on Apr 15, 2024 to UNIVERSITY OF TENNESSEE by Test Technology, Analysis and Evaluation Branch. There have been $473.9k in obligations to date with a ceiling value of $12M, showing a 4% 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 Apr 13, 2029.
UNIVERSITY OF TENNESSEE is a contractor located in TN, doing primarily Aerospace & Defense > Research and Development work for Air Force. The company receives $1.5M 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.
- Contract Number
- FA910124DB001
- Contractor
- UNIVERSITY OF TENNESSEE
- Obligations to Date
- $473.9k
- Ceiling Value
- $12M
- Award Date
- 04/15/2024
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Air Force»Air Force Materiel Command»Air Force Test Center»Arnold Engineering Development Complex (PZ)»AEDC Test Operations Division»Test Technology, Analysis and Evaluation Branch
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| FA910124FB021 | UNIVERSITY OF TENNESSEE | $82.7k | 04/15/2024 |
| FA910124FB036 | UNIVERSITY OF TENNESSEE | $391.2k | 06/10/2024 |
