Navy Award | W91QVN21D0002 | REPAIR, MAINTENANCE AND INSPECTION OF THE ELEVATOR AT CHINHAE AND BUSAN.

W91QVN21D0002 - REPAIR, MAINTENANCE AND INSPECTION OF THE ELEVATOR...

Federal Contract Award Search » IDC Award

This IDC contract for Construction Related Equipment > Industrial Products & Services was awarded in FY2021 on Nov 17, 2020 to KC ELEVATOR CO., LTD. by Fleet Activities Chinhae. There have been $383.9k in obligations to date with a ceiling value of $827.9k, showing a 46% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Jul 30, 2025.

KC ELEVATOR CO., LTD. is a contractor located in SEOUL, doing primarily Electrical & Electronics Equipment > Electronic & Communication Services work for Army. The company receives $768.5k 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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Contract Number
W91QVN21D0002
Contractor
KC ELEVATOR CO.,LTD
Obligations to Date
$383.9k
Ceiling Value
$827.9k
Award Date
11/17/2020
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Navy»Navy Installations Command (CNIC)»CNIC Navy Region Korea»Fleet Activities Chinhae


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Task Order History

Task Order No. Contractor Obligations Effective Date
W91QVN21F0095 KC ELEVATOR CO.,LTD $27.5k 11/18/2020
W90VN921F0092 KC ELEVATOR CO.,LTD $2.9k 03/11/2021
W90VN921F0131 KC ELEVATOR CO.,LTD $30.9k 06/07/2021
W90VN921F0152 KC ELEVATOR CO.,LTD $14.8k 06/25/2021
W90VN921F0151 KC ELEVATOR CO.,LTD $48.1k 06/27/2021
W90VN921F0157 KC ELEVATOR CO.,LTD $3.5k 07/01/2021
W90VN922F0019 KC ELEVATOR CO.,LTD $2k 11/11/2021
W90VN922F0045 KC ELEVATOR CO.,LTD $1.4k 01/20/2022
W90VN922F0149 KC ELEVATOR CO.,LTD $48k 06/30/2022
W90VN923F0180 KC ELEVATOR CO.,LTD $25.2k 06/06/2023
W90VN923F0181 KC ELEVATOR CO.,LTD $45.4k 07/03/2023
W90VN924F0010 KC ELEVATOR CO.,LTD $66k 11/06/2023
W90VN924F0037 KC ELEVATOR CO.,LTD $25.7k 01/30/2024
W90VN924F0133 KC ELEVATOR CO.,LTD $42.5k 06/10/2024

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