Army Award | W91QVN22D0008 | ENGLISH REQUIRED (ER) SECURITY GUARDS

W91QVN22D0008 - ENGLISH REQUIRED (ER) SECURITY GUARDS

Federal Contract Award Search » IDC Award

This IDC contract for Security Guard/Protection Services was awarded in FY2022 on Nov 3, 2021 to JOEUN SYSTEMS CORPORATION by Pacific Region. There have been $50.5M in obligations to date with a ceiling value of $92.4M, showing a 55% burn rate so far on the contract. The contract was not competed under any preference program with 11 offers received. We expect a 3 year duration with ultimate completion date of Nov 2, 2024.

JOEUN SYSTEMS CORPORATION is a contractor located in SEOUL, doing primarily Security Guard/Protection Services 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.

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Contract Number
W91QVN22D0008
Contractor
JOEUN SYSTEM CORP.
Obligations to Date
$50.5M
Ceiling Value
$92.4M
Award Date
11/03/2021
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Army»Army Materiel Command»Army Installation Management Command (IMCOM)»Pacific Region


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Task Order History

Task Order No. Contractor Obligations Effective Date
W91QVN22F0065 JOEUN SYSTEM CORP. $64k 11/03/2021
W91QVN22F0167 JOEUN SYSTEM CORP. $15M 12/30/2021
W91QVN22F0241 JOEUN SYSTEM CORP. $178.5k 02/24/2022
W91QVN23F0042 JOEUN SYSTEM CORP. $285.6k 10/31/2022
W91QVN23F0100 JOEUN SYSTEM CORP. $11.1M 11/03/2022
W91QVN23F0434 JOEUN SYSTEM CORP. $7.3M 06/09/2023
W91QVN24F0026 JOEUN SYSTEM CORP. $249.1k 10/23/2023
W91QVN24F0028 JOEUN SYSTEM CORP. $15.5M 10/26/2023

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