N4008423D0412 - RECURRING, BASE PERIOD
Federal Contract Award Search » IDC Award
This IDC contract for Industrial Products & Machinery > Industrial Products & Services, Facility Related Services > Facilities Maintenance was awarded in FY2023 on Aug 14, 2023 to NIKKEN SOGYO CO.,LTD. by Fleet Activities Yokosuka. There have been $318.7k in obligations to date with a ceiling value of $1.7M, showing a 18% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 5 year duration with ultimate completion date of Jul 18, 2028.
NIKKEN SOGYO CO.,LTD. is a contractor located in TOKYO, doing primarily Facility Related Services > Facilities Maintenance work for Navy. The company receives $7.9M 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
- N4008423D0412
- Contractor
- NIKKEN SOGYO CO., LTD.
- Obligations to Date
- $318.7k
- Ceiling Value
- $1.7M
- Award Date
- 08/14/2023
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Navy»Navy Installations Command (CNIC)»CNIC Navy Region Japan»Fleet Activities Yokosuka
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| N4008423F4712 | NIKKEN SOGYO CO., LTD. | $212.1k | 08/16/2023 |
| N4008424F4542 | NIKKEN SOGYO CO., LTD. | $126k | 06/25/2024 |
