N6247320D0024 - NATURAL RESOURCE RELATED SERVICES MASC

This IDC contract for International Affairs, Environmental > Conservation, Business Admin Services was awarded in FY2020 on March 02, 2020 to HERCULES JV by NAVFAC Southwest. There have been $4.4M in obligations to date with a ceiling value of $30M, showing a 15% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 6 offers received. We expect a 5 year duration with ultimate completion date of February 28, 2025.

HERCULES JV is a contractor located in AZ, doing primarily International Affairs work for Navy. The company receives $806.2k 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.

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Buying Agency/Office

Navy » Naval Facilities Engineering Command (NAVFAC) » NAVFAC Pacific » NAVFAC Southwest

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