FA877104D0007 - MIGRATED DATA VALUE UNKNOWN

This IDC contract for Furniture, Energy > Transmission/Distribution, Aerospace & Defense > Industrial Products & Services, Ammunition & Explosives > Weapons & Ammunition, Detection & Coherent Radiation Equipment > Information Technology, Hardware & Tools, IT Outsourcing, Communications Equipment, Electrical & Electronics Equipment > Electronic & Communication Equipment, IT Security Hardware, Telecommunications, IT Consulting, Aerospace & Defense > Electronic & Communication Equipment, Office Products & Services, IT Networking Hardware > Hardware, Program Management, Electrical & Electronics Equipment > Electronic & Communication Services, Consumer Products > Electronic & Communication Equipment, Navigation & Communications Equipment, Aerospace & Defense > Professional Services, Petro-Chemical Industries > Industrial Products & Services, Business Admin Services, Education/Training > Human Capital, Package Delivery & Packaging > Transportation and Logistics Services, Training Aids & Devices, Facility Related Services > Facilities Maintenance, Science/Engineering > Research and Development, Construction Related Equipment > Industrial Products & Services, Science/Engineering > Professional Services, Public Relations and Professional Communications Services, IT Software, High Caliber Weapons, Test & Measurement Supplies, Healthcare > Research and Development, Acquisition Support, IT Hardware, Aerospace & Defense > Research and Development, Aerospace & Defense > Sustainment S&E, Consumer Products > Miscellaneous S&E, Consumer Products > Security and Protection, Construction Related Materials > Facilities & Construction was awarded in FY2004 on Jan 1, 2004 to General Dynamics Corporation by . There have been $2.1B in obligations to date with a ceiling value of $2.1B, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 18 offers received. We expect a 9 year duration with ultimate completion date of Sep 29, 2013.

General Dynamics Corporation is a contractor located in VA, doing primarily Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles work for Navy. The company receives $25.9B annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias 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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