SP470917D0034 - JETS IT AUDIT RE

This IDC contract for IT Outsourcing, Program Management, Business Admin Services, IT/Cyber Security, IT Consulting was awarded in FY2017 on Dec 22, 2016 to Credence Management Solutions by DLA Contracting Services Office (DCSO). There have been $190.6M in obligations to date with a ceiling value of $6B, showing a 3% burn rate so far on the contract. The contract was not competed under any preference program with 117 offers received. We expect a 9 year duration with ultimate completion date of Jan 2, 2025.

Credence Management Solutions is a contractor located in VA, doing primarily Science/Engineering > Professional Services work for Air Force. The company receives $267.9M 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.

Read the full report

Buying Agency/Office

Defense»Defense Logistics Agency (DLA)»DLA Acquisition Directorate»DLA Contracting Services Office (DCSO)

Read the full report