N6824624D0003 - TUG BOAT SERVICES WHITE BEACH OKINAWA

This IDC contract for Salvage Services, Logistics > Transportation and Logistics Services was awarded in FY2024 on Mar 22, 2024 to Okinawa Marine Service by Fleet Activities Okinawa. There have been $334.6k in obligations to date with a ceiling value of $4.7M, showing a 7% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Mar 30, 2029.

Okinawa Marine Service is a contractor doing primarily Salvage Services work for Navy. The company receives $1.4M 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 Japan»Fleet Activities Okinawa

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