N0018921DZ024 - MARKETING & ADVERTISING IN SUPPORT OF COMMANDE...
Federal Contract Award Search » IDC Award
This IDC contract for Marketing & Distribution was awarded in FY2021 on April 19, 2021 to YOUNG & RUBICAM LLC by Navy Recruiting Command. There have been $319.3M in obligations to date with a ceiling value of $455.2M, showing a 70% burn rate so far on the contract. The contract was not competed under any preference program with 10 offers received. We expect a 5 year duration with ultimate completion date of May 18, 2026.
YOUNG & RUBICAM LLC is a contractor located in NY, doing primarily Marketing & Distribution work for Navy. The company receives $443.2M 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
- N0018921DZ024
- Contractor
- YOUNG & RUBICAM LLC
- Obligations to Date
- $319.3M
- Ceiling Value
- $455.2M
- Award Date
- 04/19/2021
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Navy » Navy Recruiting Command
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| N0018921FZ381 | YOUNG & RUBICAM LLC | $6M | 04/20/2021 |
| N6671521F0039 | YOUNG & RUBICAM LLC | $357.7k | 05/06/2021 |
| N6671521F0038 | YOUNG & RUBICAM LLC | $792.5k | 05/06/2021 |
| N6671521F0041 | YOUNG & RUBICAM LLC | $1.2M | 05/18/2021 |
| N0018921FZ413 | YOUNG & RUBICAM LLC | $13.1M | 05/18/2021 |
| N6671521F0040 | YOUNG & RUBICAM LLC | $275.4k | 05/18/2021 |
| N6671521F0043 | YOUNG & RUBICAM LLC | $193.1k | 05/20/2021 |
| N6671521F0042 | YOUNG & RUBICAM LLC | $1.5M | 05/20/2021 |
| N6671521F0045 | YOUNG & RUBICAM LLC | $185.2k | 06/04/2021 |
| N6671521F0049 | YOUNG & RUBICAM LLC | $3k | 06/17/2021 |
| N0018921FZ508 | YOUNG & RUBICAM LLC | $9.5M | 06/29/2021 |
| N0018921FZ576 | YOUNG & RUBICAM LLC | $130k | 07/28/2021 |
| N0018921FZ750 | YOUNG & RUBICAM LLC | $120k | 08/13/2021 |
| N0018921FZ802 | YOUNG & RUBICAM LLC | $12.5k | 08/17/2021 |
| N0018921FZ884 | YOUNG & RUBICAM LLC | $3.6M | 09/20/2021 |
| N6671521F0070 | YOUNG & RUBICAM LLC | $475.5k | 09/27/2021 |
| N6671521F0072 | YOUNG & RUBICAM LLC | $214.6k | 09/27/2021 |
| N0018921FZ966 | YOUNG & RUBICAM LLC | $10.2M | 09/29/2021 |
| N6671522F0001 | YOUNG & RUBICAM LLC | $211.7k | 10/14/2021 |
| N6671522F0002 | YOUNG & RUBICAM LLC | $337.8k | 10/29/2021 |
