This IDC contract for Facilities Purchase & Lease, Passenger Travel, Logistics > Transportation and Logistics Services, Equipment Maintenance, Translation & Interpretation, Logistics > Professional Services, Automotive Parts & Products > Transportation and Logistics Services, Logistics Equipment > Industrial Products & Services, Facility Related Services > Facilities Maintenance, Facility Related Equipment > Facility Equipment, Acquisition Support, Consumer Products > Electronic & Communication Equipment was awarded in FY2021 on Jun 16, 2021 to KVG LLC by Fleet Logistics Center Yokosuka. There have been $50.5M in obligations to date with a ceiling value of $154M, showing a 33% burn rate so far on the contract. The contract was not competed under any preference program with 35 offers received. We expect a 5 year duration with ultimate completion date of Jun 29, 2026.
KVG LLC is a contractor located in PA, doing primarily Logistics > Professional Services work for Army. The company receives $4.3M 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 |
---|---|---|---|
N6264921F0574 | KVG LLC | $500.00 | 06/21/2021 |
N6817121F6154 | KVG LLC | $697.1k | 08/28/2021 |
N6817121F0236 | KVG LLC | $491.6k | 08/30/2021 |
N6817121F0235 | KVG LLC | $519.9k | 08/30/2021 |
N6817121F0246 | KVG LLC | $184.3k | 09/12/2021 |
N6817122F2015 | KVG LLC | $61.1k | 12/14/2021 |
W912PB22F4001 | KVG LLC | $144k | 12/20/2021 |
N6817122F2016 | KVG LLC | $299k | 12/20/2021 |
M2710022F0001 | KVG LLC | $966.8k | 12/29/2021 |
N6817122F6057 | KVG LLC | $12.8k | 01/13/2022 |
W912PB22F5001 | KVG LLC | $106.5k | 01/27/2022 |
W912PB22F4002 | KVG LLC | $226.1k | 01/27/2022 |
W912PB22F4005 | KVG LLC | $85.9k | 01/29/2022 |
W912PB22F5004 | KVG LLC | $334.9k | 02/01/2022 |
W912PB22F5003 | KVG LLC | $363.2k | 02/01/2022 |
W912PB22F4003 | KVG LLC | $333.3k | 02/03/2022 |
W912PB22F4006 | KVG LLC | $155.6k | 02/04/2022 |
W912PB22F5005 | KVG LLC | $379.1k | 02/07/2022 |
W912PB22F5006 | KVG LLC | $294.6k | 02/07/2022 |
W912PB22F5002 | KVG LLC | $48.6k | 02/09/2022 |