This IDC contract for Industrial Products & Machinery > Equipment Related Services, Pharmaceuticals > Research and Development, Industrial Products & Machinery > Industrial Products & Services, Aerospace & Defense > Research and Development, Electrical & Electronics Equipment > Electronic & Communication Equipment, Healthcare > Medical Practitioners, Electrical & Electronics Equipment > Electronic & Communication Services, Construction Related Equipment > Industrial Products & Services, IT/Cyber Security, IT Outsourcing, Consumer Products > Industrial Products & Services, Construction Related Equipment > Equipment Related Services, IT Software, Medical Equipment & Supplies > Equipment Related Services, Education/Training > Human Capital, Test & Measurement Supplies, Equipment Maintenance, Petro-Chemical Industries > Industrial Products & Services, Business Admin Services, Facility Related Services > Facilities Maintenance, IT Hardware, Medical Equipment & Supplies > Medical Supplies/Equipment, Furniture, Consumer Products > Miscellaneous S&E, Sanitary Products, Aerospace & Defense > Industrial Products & Services, Pharmaceuticals > Pharmaceutical Products, Healthcare > Research and Development, Textiles, Clothing & Personal Accessories was awarded in FY2009 on Feb 18, 2009 to General Electric by . There have been $805.6M in obligations to date with a ceiling value of $1.1B, showing a 74% burn rate so far on the contract. The contract was not competed under any preference program with 33 offers received. We expect a 8 year duration with ultimate completion date of Feb 16, 2017.
General Electric is a contractor located in CT, doing primarily Aerospace & Defense > Sustainment S&E work for Navy. The company receives $5B 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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Task Order No. | Contractor | Obligations | Effective Date |
---|---|---|---|
VA554P93517 | GENERAL ELECTRIC COMPANY | $97.1k | 02/23/2009 |
V79760904A | GENERAL ELECTRIC COMPANY | $13.7M | 03/31/2009 |
V459B90038 | GENERAL ELECTRIC COMPANY | $96.3k | 04/01/2009 |
VA459B90038 | GENERAL ELECTRIC COMPANY | $96.3k | 04/01/2009 |
VA512A90221 | GENERAL ELECTRIC COMPANY | $50k | 05/06/2009 |
VA541A95180 | GENERAL ELECTRIC COMPANY | $50k | 05/08/2009 |
VA69D695L90007 | GENERAL ELECTRIC COMPANY | $6.6k | 05/21/2009 |
V695L90007 | GENERAL ELECTRIC COMPANY | $6.6k | 05/21/2009 |
V541A95198 | GENERAL ELECTRIC COMPANY | $8.2k | 05/26/2009 |
VA558A95155 | GENERAL ELECTRIC COMPANY | $43.2k | 06/15/2009 |
V797D97310 | GENERAL ELECTRIC COMPANY | $98.3k | 06/24/2009 |
V674A90518 | GENERAL ELECTRIC COMPANY | $13.7k | 06/25/2009 |
V797D96250 | GENERAL ELECTRIC COMPANY | $1.9M | 06/29/2009 |
V79760907A | GENERAL ELECTRIC COMPANY | $16.4M | 06/30/2009 |
VA541A95294 | GENERAL ELECTRIC COMPANY | $49.4k | 07/15/2009 |
V797A96088 | GENERAL ELECTRIC COMPANY | $528k | 07/21/2009 |
VA541A95198 | GENERAL ELECTRIC COMPANY | $8.2k | 07/22/2009 |
V797C87976S | GENERAL ELECTRIC COMPANY | $42.8k | 07/22/2009 |
V797C96218 | GENERAL ELECTRIC COMPANY | $88k | 07/22/2009 |
V797C97241 | GENERAL ELECTRIC COMPANY | $34.9k | 07/23/2009 |