47QTCH18D0028 - GOVERNMENTWIDE ACQUISITION CONTRACT TO PROVIDE CUS...
Federal Contract Award Search » GWAC Award - Veterans Technology Services 2 (VETS 2)
This GWAC contract for Financial services, IT Consulting, Business Admin Services, IT Outsourcing, Program Management was awarded in FY2018 on Oct 26, 2017 to Innovative Management Concepts, Inc by IT Services. There have been $451.4M in obligations to date with a ceiling value of $5B, showing a 9% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 187 offers received. We expect a 11 year duration with ultimate completion date of Feb 21, 2028.
Innovative Management Concepts, Inc is a contractor located in VA, doing primarily IT Outsourcing work for Army. The company receives $89.4M annually in federal awards (as of FY2020). Also, they have shown success winning GWAC contracts concentrated mainly on a singular customer focused portfolio.
Government-wide Acquisition Contracts (GWAC) are awarded and managed by a limited number of Federal offices. The Federal Government granted the General Services Administration (GSA), National Institutes of Health (NIH), and NASA the authority to compete, award, and manage GWACs. Essentially awarded as Indefintive Delivery-Indefinite Quantity contract vehicles, GWACs are available to all Government agencies at a low fee to use, making them an attractive option to acquire IT products and services.
- Contract Number
- 47QTCH18D0028
- Contractor
- INNOVATIVE MANAGEMENT CONCEPTS, INC.
- Obligations to Date
- $451.4M
- Ceiling Value
- $5B
- Award Date
- 10/26/2017
- Contract Type
- GWAC
- Contract Vehicle
- Veterans Technology Services 2 (VETS 2)
- Competition Set Aside Type
- Service Disabled Veteran Owned Small Business Set-Aside
- Buying Agency/Office
- General Services Administration»Federal Acquisition Service»Office of Information Technology Category»IT Services
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 36C10F18F3329 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $3.8M | 09/11/2018 |
| 47QFCA19F0038 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $126.3M | 11/20/2018 |
| 70T02019F6AOIA129 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $8.1M | 09/05/2019 |
| FA805219FA027 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $1.6M | 09/06/2019 |
| 2032H520F00027 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $13.3M | 01/30/2020 |
| FA877120F0020 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $39.9M | 04/03/2020 |
| 47QFCA20F0066 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $163.6M | 09/17/2020 |
| 89503020FWA400377 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $13.8M | 09/28/2020 |
| FA877021F0001 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $36.3M | 11/25/2020 |
| 70RCSA21FR0000044 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $6.5M | 08/02/2021 |
| 15M10421FA4700281 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $25M | 09/03/2021 |
| HT001521F0134 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $1.2M | 09/07/2021 |
| 70RDAD21FR0000115 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $2.8M | 09/10/2021 |
| FA489022F0042 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $7.9M | 05/16/2022 |
| HT001523F0039 | INNOVATIVE MANAGEMENT CONCEPTS, INC. | $862.3k | 03/02/2023 |
