N0024405D0045 - MIGRATED DATA VALUE UNKNOWN

This IDC contract for Science/Engineering > Professional Services, Education/Training > Human Capital, Business Admin Services was awarded in FY2005 on Oct 1, 2004 to Epsilon Systems by . There have been $64M in obligations to date with a ceiling value of $64M, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of Jul 30, 2009.

Epsilon Systems is a contractor located in CA, doing primarily Aerospace & Defense > Equipment Related Services work for Navy. The company receives $108.5M 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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