W912BV22D0009 - NATIONWIDE APPRAISAL IDIQ MATOC
Federal Contract Award Search » IDC Award - Real Estate Appraisal Services in support of the Air Force Real Estate Project Management Program (2022)
This IDC contract for Real Estate Services was awarded in FY2022 on April 13, 2022 to GERALD A. TEEL COMPANY by Tulsa District. There have been $306.5k in obligations to date with a ceiling value of $40M, showing a 1% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 9 year duration with ultimate completion date of March 30, 2031.
GERALD A. TEEL COMPANY is a contractor located in TX, doing primarily Real Estate Services work for Army. The company receives $159.5k 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.
- Contract Number
- W912BV22D0009
- Contractor
- GERALD A. TEEL COMPANY
- Obligations to Date
- $306.5k
- Ceiling Value
- $40M
- Award Date
- 04/13/2022
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Army » Army Corps of Engineers » Southwestern Division » Tulsa District
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| W912BV22F0057 | GERALD A. TEEL COMPANY | $8.5k | 04/15/2022 |
| W912BV22F0087 | GERALD A. TEEL COMPANY | $6k | 07/19/2022 |
| W912BV22F0088 | GERALD A. TEEL COMPANY | $6.5k | 07/20/2022 |
| W912BV22F0120 | GERALD A. TEEL COMPANY | $38k | 09/22/2022 |
| W912BV22F0181 | GERALD A. TEEL COMPANY | $43.1k | 09/29/2022 |
| W912BV23F0018 | GERALD A. TEEL COMPANY | $30k | 11/17/2022 |
| W912BV23F0049 | GERALD A. TEEL COMPANY | $10k | 02/22/2023 |
| W912BV23F0056 | GERALD A. TEEL COMPANY | $56k | 04/05/2023 |
| W912BV23F0082 | GERALD A. TEEL COMPANY | $8.5k | 06/07/2023 |
| W912BV23F0111 | GERALD A. TEEL COMPANY | $8.4k | 08/10/2023 |
| W912BV23F0112 | GERALD A. TEEL COMPANY | $16k | 08/14/2023 |
| W912BV23F0118 | GERALD A. TEEL COMPANY | $9.5k | 08/17/2023 |
| W912BV23F0119 | GERALD A. TEEL COMPANY | $5.8k | 08/22/2023 |
| W912BV23F0126 | GERALD A. TEEL COMPANY | $3.7k | 08/31/2023 |
| W912BV23F0164 | GERALD A. TEEL COMPANY | $14.5k | 09/22/2023 |
| W912BV23F0221 | GERALD A. TEEL COMPANY | $42k | 09/29/2023 |
