SP470002A0005 -

This IDC contract for Test & Measurement Supplies, Communications Equipment, Acquisition Support, Industrial Products & Machinery > Industrial Products & Services, Textiles, Clothing & Personal Accessories, Program Management, Hardware & Tools, IT Consulting, Consumer Products > Electronic & Communication Equipment, Consumer Products > Miscellaneous S&E, Construction Related Equipment > Industrial Products & Services, Telecommunications, Printed/Published Media, IT Security Hardware, Detection & Coherent Radiation Equipment > Information Technology, IT Hardware, IT Outsourcing, Business Admin Services, Science/Engineering > Professional Services, Furniture, IT/Cyber Security, Records Management > Digitization, Electrical & Electronics Equipment > Electronic & Communication Equipment, IT Software, Records Management > Professional Services, Office Products & Services, Education/Training > Human Capital, Medical Equipment & Supplies > Medical Supplies/Equipment was awarded in FY2002 on Jul 11, 2002 to Patriot Technologies by . There have been $174M in obligations to date with a ceiling value of $174M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 17 year duration with ultimate completion date of May 25, 2019.

Patriot Technologies is a contractor located in MD, doing primarily IT Software work for Defense. The company receives $9.9M 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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