Navy Award | N4215822D0004 | MATERIAL HANDLING EQUIPMENT (MHE)

N4215822D0004 - MATERIAL HANDLING EQUIPMENT (MHE)

Federal Contract Award Search » IDC Award

This IDC contract for Logistics Equipment > Industrial Products & Services was awarded in FY2022 on Aug 26, 2022 to Herc Rentals Inc by Norfolk Naval Shipyard (NNSY). There have been $11.3M in obligations to date with a ceiling value of $33M, showing a 34% burn rate so far on the contract. The contract was not competed under any preference program with 5 offers received. We expect a 4 year duration with ultimate completion date of Aug 30, 2026.

Herc Rentals Inc is a contractor located in FL, doing primarily Logistics Equipment > Industrial Products & Services work for General Services Administration. The company receives $8.4M 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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Contract Number
N4215822D0004
Contractor
HERC RENTALS INC.
Obligations to Date
$11.3M
Ceiling Value
$33M
Award Date
08/26/2022
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Navy»Naval Sea Systems Command (NAVSEA)»NAVSEA Industrial Operations (SEA 04)»Norfolk Naval Shipyard (NNSY)


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Task Order History

Task Order No. Contractor Obligations Effective Date
N4215823FCG13 HERC RENTALS INC. $275.4k 10/05/2022
N4215823FCG08 HERC RENTALS INC. $111.1k 10/05/2022
N4215823FCG09 HERC RENTALS INC. $225.9k 10/05/2022
N4215823FCG10 HERC RENTALS INC. $59.1k 10/06/2022
N4215823FCG03 HERC RENTALS INC. $173.9k 10/06/2022
N4215823FCG02 HERC RENTALS INC. $275.7k 10/06/2022
N4215823FCG05 HERC RENTALS INC. $142.4k 10/15/2022
N4215823FCG07 HERC RENTALS INC. $147.5k 10/15/2022
N4215823FCG12 HERC RENTALS INC. $66.5k 10/18/2022
N4215823FCG04 HERC RENTALS INC. $281.7k 10/18/2022
N4215823FCG06 HERC RENTALS INC. $823k 10/18/2022
N4215823FCG01 HERC RENTALS INC. $132.9k 10/27/2022
N4215823FCG11 HERC RENTALS INC. $563.1k 10/28/2022
N4215823FCG14 HERC RENTALS INC. $14.6k 11/30/2022
N4215823FCG15 HERC RENTALS INC. $110.3k 07/27/2023
N4215823FCG16 HERC RENTALS INC. $94.8k 09/26/2023
N4215823FCG18 HERC RENTALS INC. $293.5k 09/28/2023
N4215823FCG17 HERC RENTALS INC. $67.3k 09/28/2023
N4215823FCH37 HERC RENTALS INC. $271.7k 09/29/2023
N4215823FCG20 HERC RENTALS INC. $92.5k 09/29/2023

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