N3943017D1912 - OIL SPILL RESPONSE TRAINING, WORLDWIDE

This IDC contract for Education/Training > Human Capital, Business Admin Services was awarded in FY2017 on Aug 22, 2017 to LRS GRYPHON JV LLC by NAVFAC Engineering and Expeditionary Warfare Center. There have been $2.3M in obligations to date with a ceiling value of $5M, showing a 46% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 7 offers received. We expect a 6 year duration with ultimate completion date of Feb 20, 2023.

LRS GRYPHON JV LLC is a contractor located in MD, doing primarily Education/Training > Human Capital work for Navy. The company receives $178.8k 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.

Read the full report

Buying Agency/Office

Navy»Naval Facilities Engineering Command (NAVFAC)»NAVFAC Engineering and Expeditionary Warfare Center

Read the full report