W31P4Q18D0016 - 5 YEAR, PERFORMANCE BASED, COST PLUS FIXED FEE, IN...
Federal Contract Award Search » IDC Award
This IDC contract for Aerospace & Defense > Professional Services, Aerospace & Defense > Research and Development, Science/Engineering > Research and Development was awarded in FY2018 on May 13, 2018 to Torch Technologies by Aviation & Missile Center. There have been $173.8M in obligations to date with a ceiling value of $22.1B, showing a 1% 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 Jul 1, 2023.
Torch Technologies is a contractor located in AL, doing primarily Science/Engineering > Professional Services work for Army. The company receives $533.5M 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.
- Contract Number
- W31P4Q18D0016
- Contractor
- TORCH TECHNOLOGIES, INC.
- Obligations to Date
- $173.8M
- Ceiling Value
- $22.1B
- Award Date
- 05/13/2018
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Army»Army Futures Command»Combat Capabilities Development Command»Aviation & Missile Center
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | TORCH TECHNOLOGIES, INC. | $9.4k | 05/17/2018 |
| 0002 | TORCH TECHNOLOGIES, INC. | $21.8k | 07/20/2018 |
| 0003 | TORCH TECHNOLOGIES, INC. | $120k | 08/06/2018 |
| W31P4Q18F0051 | TORCH TECHNOLOGIES, INC. | $241.5k | 08/08/2018 |
| W31P4Q18F0025 | TORCH TECHNOLOGIES, INC. | $401.4k | 08/13/2018 |
| W31P4Q18F0024 | TORCH TECHNOLOGIES, INC. | $435.9k | 08/13/2018 |
| W31P4Q18F0084 | TORCH TECHNOLOGIES, INC. | $350k | 08/14/2018 |
| W31P4Q18F0079 | TORCH TECHNOLOGIES, INC. | $467.4k | 08/15/2018 |
| W31P4Q18F0091 | TORCH TECHNOLOGIES, INC. | $93.6k | 08/16/2018 |
| W31P4Q18F0096 | TORCH TECHNOLOGIES, INC. | $50.1k | 08/17/2018 |
| W31P4Q18F0093 | TORCH TECHNOLOGIES, INC. | $20k | 08/17/2018 |
| W31P4Q18F0092 | TORCH TECHNOLOGIES, INC. | $70.3k | 08/17/2018 |
| W31P4Q18F0111 | TORCH TECHNOLOGIES, INC. | $83.5k | 08/21/2018 |
| W31P4Q18F0104 | TORCH TECHNOLOGIES, INC. | $58.3k | 08/21/2018 |
| W31P4Q18F0072 | TORCH TECHNOLOGIES, INC. | $191k | 08/21/2018 |
| W31P4Q18F0110 | TORCH TECHNOLOGIES, INC. | $594.8k | 08/27/2018 |
| W31P4Q18F0070 | TORCH TECHNOLOGIES, INC. | $1.5M | 08/27/2018 |
| W31P4Q18F0154 | TORCH TECHNOLOGIES, INC. | $26k | 08/28/2018 |
| W31P4Q18F0094 | TORCH TECHNOLOGIES, INC. | $635.9k | 08/28/2018 |
| W31P4Q18F0137 | TORCH TECHNOLOGIES, INC. | $792.4k | 08/28/2018 |
