26303D0566 -

This IDC contract for Communications Equipment, IT Software, Furniture, IT Hardware, IT Security Hardware, Business Admin Services, IT Consulting, Science/Engineering > Professional Services, Consumer Products > Miscellaneous S&E, Office Products & Services, IT Outsourcing, IT Networking Hardware > Hardware, Hardware & Tools, Consumer Products > Security and Protection, Acquisition Support, Electrical & Electronics Equipment > Electronic & Communication Equipment was awarded in FY2003 on May 15, 2003 to FCN by . There have been $22.6M in obligations to date with a ceiling value of $6B, showing a 0% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received.

FCN is a contractor located in MD, doing primarily IT Hardware work for Treasury. The company receives $570.8M annually in federal awards (as of FY2020). Also, they have shown success winning GWAC 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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