IND14PC00026 - CT ORACLE FEDERAL FINANCIAL SYSTEM SUPPORT FOR F...
Federal Contract Award Search » IDC Award - Government Oracle Federal Financials System Support
This IDC contract for IT Consulting, IT Outsourcing was awarded in FY2014 on Dec 23, 2013 to I360TECHNOLOGIES, INC. by DOI Office of Financial Management (PFM). There have been $41M in obligations to date with a ceiling value of $96M, showing a 43% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 8 offers received. We expect a 5 year duration with ultimate completion date of Dec 30, 2018.
I360TECHNOLOGIES, INC. is a contractor located in VA, doing primarily IT Outsourcing work for Interior. The company receives $7.5M 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
- IND14PC00026
- Contractor
- I360TECHNOLOGIES, INC.
- Obligations to Date
- $41M
- Ceiling Value
- $96M
- Award Date
- 12/23/2013
- Contract Type
- IDC
- Contract Vehicle
- Government Oracle Federal Financials System Support
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Interior»DOI Office of the Secretary»DOI Office of Policy, Management and Budget (PMB)»DOI-PMB Budget, Finance, Grants & Acquisition»DOI Office of Financial Management (PFM)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| IND14PD00168 | I360TECHNOLOGIES, INC. | $2.9M | 02/14/2014 |
| IND14PD00178 | I360TECHNOLOGIES, INC. | $0.00 | 03/19/2014 |
| IND14PD00956 | I360TECHNOLOGIES, INC. | $98k | 08/15/2014 |
| IND14PD00412 | I360TECHNOLOGIES, INC. | $2M | 08/28/2014 |
| IND15PD00003 | I360TECHNOLOGIES, INC. | $160.9k | 11/12/2014 |
| IND15PD00063 | I360TECHNOLOGIES, INC. | $769.5k | 12/22/2014 |
| IND15PD00010 | I360TECHNOLOGIES, INC. | $4.2M | 01/07/2015 |
| IND15PD00064 | I360TECHNOLOGIES, INC. | $842.8k | 01/20/2015 |
| IND15PD00011 | I360TECHNOLOGIES, INC. | $0.00 | 01/23/2015 |
| IND15PD00168 | I360TECHNOLOGIES, INC. | $140.4k | 03/16/2015 |
| IND15PD00351 | I360TECHNOLOGIES, INC. | $73.1k | 04/16/2015 |
| IND15PD00606 | I360TECHNOLOGIES, INC. | $418.9k | 05/27/2015 |
| IND15PD00610 | I360TECHNOLOGIES, INC. | $1M | 09/01/2015 |
| IND15PD01000 | I360TECHNOLOGIES, INC. | $480.1k | 09/11/2015 |
| IND16PD00002 | I360TECHNOLOGIES, INC. | $4.1M | 12/11/2015 |
| IND16PD00003 | I360TECHNOLOGIES, INC. | $5.9M | 01/11/2016 |
| IND16PD00004 | I360TECHNOLOGIES, INC. | $0.00 | 01/17/2016 |
| IND16PD00760 | I360TECHNOLOGIES, INC. | $196.3k | 06/30/2016 |
| IND16PD00802 | I360TECHNOLOGIES, INC. | $290.9k | 08/12/2016 |
| IND17PD00058 | I360TECHNOLOGIES, INC. | $4.1M | 12/21/2016 |
