N6817119D0005 - MISCELLANEOUS CHEMICAL REAGENTS AND WATER TREATMEN...

This IDC contract for Petro-Chemical Industries > Industrial Products & Services, International Affairs was awarded in FY2019 on Sep 27, 2019 to ZEP ITALIA SRL by CNIC Navy Region Europe, Africa, Central. There have been $758.7k in obligations to date with a ceiling value of $1.3M, showing a 60% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Sep 28, 2024.

ZEP ITALIA SRL is a contractor located in MILANO, doing primarily Petro-Chemical Industries > Industrial Products & Services work for Navy. The company receives $109k 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»Navy Installations Command (CNIC)»CNIC Navy Region Europe, Africa, Central

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