TEPD151772 - SHRINK WRAP FILM

This IDC contract for Consumer Products > Sustainment S&E was awarded in FY2015 on Aug 21, 2015 to CADILLAC PRODUCTS PACKAGING COMPANY by Bureau of Engraving and Printing. There have been $6.9M in obligations to date with a ceiling value of $22.5M, showing a 30% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Aug 19, 2020.

CADILLAC PRODUCTS PACKAGING COMPANY is a contractor located in MI, doing primarily Consumer Products > Sustainment S&E work for Treasury. The company receives $2.5M 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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Buying Agency/Office

Treasury»Bureau of Engraving and Printing

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