N0024409G0028 - EDUCATIONAL SERVICE AGREEMENT

This IDC contract for Education/Training > Human Capital was awarded in FY2009 on Jul 31, 2009 to TUFTS UNIVERSITY by . There have been $600.1k in obligations to date with a ceiling value of $1.5M, showing a 40% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 19 year duration with ultimate completion date of Nov 14, 2028.

TUFTS UNIVERSITY is a contractor located in MA, doing primarily Science/Engineering > Research and Development work for National Aeronautics and Space Administration. The company receives $2.7M 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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