W912BU22D0003 - VAULT REPAIR AND WELL MONITORING & EXTRA
Federal Contract Award Search » IDC Award
This IDC contract for International Affairs, Test & Measurement Supplies was awarded in FY2022 on Dec 30, 2021 to VERINA-PARS JV by Philadelphia District. There have been $1.6M in obligations to date with a ceiling value of $4M, showing a 40% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Dec 28, 2026.
VERINA-PARS JV is a contractor located in NJ, doing primarily International Affairs work for Army. 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
- W912BU22D0003
- Contractor
- VERINA-PARS JV
- Obligations to Date
- $1.6M
- Ceiling Value
- $4M
- Award Date
- 12/30/2021
- Contract Type
- IDC
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Army»Army Corps of Engineers»North Atlantic Division»Philadelphia District
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| W912BU22F0016 | VERINA-PARS JV | $190.9k | 01/19/2022 |
| W912BU22F0110 | VERINA-PARS JV | $93.6k | 09/30/2022 |
| W912BU23F0058 | VERINA-PARS JV | $239.3k | 09/21/2023 |
| W912BU23F0053 | VERINA-PARS JV | $210k | 09/24/2023 |
| W912BU24F0001 | VERINA-PARS JV | $533.8k | 10/25/2023 |
| W912BU24F0034 | VERINA-PARS JV | $333.2k | 07/31/2024 |
