N0018921D0011 - SPILL TRAINING COURSES

This IDC contract for Education/Training > Human Capital was awarded in FY2021 on April 29, 2021 to PRECISION PLANNING AND SIMULATION, INC. by Naval Safety Command (NAVSAFECOM). There have been $580.8k in obligations to date with a ceiling value of $4.1M, showing a 14% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 7 offers received. We expect a 5 year duration with ultimate completion date of November 01, 2026.

PRECISION PLANNING AND SIMULATION, INC. is a contractor located in NC, doing primarily Education/Training > Human Capital work for Defense. The company receives $1M 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 Safety Command (NAVSAFECOM)

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