SBAHQ17D0005 - :: IT SUPPORT FOR SUBJECT MATTER EXPERTS TO ASSIS...
Federal Contract Award Search » IDC Award
This IDC contract for Science/Engineering > Professional Services was awarded in FY2017 on May 03, 2017 to PRACTICAL SOLUTIONS, INC. by SBA Office of the Chief Information Officer. There have been $7.6M in obligations to date with a ceiling value of $7.6M, showing a 100% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of May 02, 2022.
PRACTICAL SOLUTIONS, INC. is a contractor located in DC, doing primarily Business Admin Services work for Commerce. The company receives $1.2M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias 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
- SBAHQ17D0005
- Contractor
- PRACTICAL SOLUTIONS, INC.
- Obligations to Date
- $7.6M
- Ceiling Value
- $7.6M
- Award Date
- 05/03/2017
- Contract Type
- IDC
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Small Business Administration » SBA Office of the Chief Information Officer
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| SBA0001 | PRACTICAL SOLUTIONS, INC. | $483.2k | 05/04/2017 |
| SBA0002 | PRACTICAL SOLUTIONS, INC. | $293.3k | 06/14/2017 |
| SBA0003 | PRACTICAL SOLUTIONS, INC. | $50k | 07/11/2017 |
| SBA0004 | PRACTICAL SOLUTIONS, INC. | $149.9k | 07/13/2017 |
| SBA0007 | PRACTICAL SOLUTIONS, INC. | $599.9k | 08/16/2017 |
| SBA0006 | PRACTICAL SOLUTIONS, INC. | $700k | 08/16/2017 |
| SBA0010 | PRACTICAL SOLUTIONS, INC. | $300k | 08/16/2017 |
| SBA0009 | PRACTICAL SOLUTIONS, INC. | $349.8k | 08/16/2017 |
| SBA0011 | PRACTICAL SOLUTIONS, INC. | $249.9k | 08/16/2017 |
| SBA0005 | PRACTICAL SOLUTIONS, INC. | $899.9k | 08/16/2017 |
| SBA0013 | PRACTICAL SOLUTIONS, INC. | $200k | 08/16/2017 |
| SBA0012 | PRACTICAL SOLUTIONS, INC. | $150k | 08/16/2017 |
| SBA0008 | PRACTICAL SOLUTIONS, INC. | $449.9k | 08/16/2017 |
| SBA0015 | PRACTICAL SOLUTIONS, INC. | $500k | 09/13/2017 |
| SBA0014 | PRACTICAL SOLUTIONS, INC. | $423.4k | 09/13/2017 |
| SBA0017 | PRACTICAL SOLUTIONS, INC. | $199.8k | 09/14/2017 |
| SBA0016 | PRACTICAL SOLUTIONS, INC. | $149.9k | 09/14/2017 |
| SBA0018 | PRACTICAL SOLUTIONS, INC. | $449.9k | 09/14/2017 |
| SBA0020 | PRACTICAL SOLUTIONS, INC. | $100k | 09/15/2017 |
| SBA0019 | PRACTICAL SOLUTIONS, INC. | $449.9k | 09/15/2017 |
