19AQMM22D0016 - CLEARED AMERICAN GUARDS (CAGS) AND CONSTRUCTION SU...

This IDC contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2022 on Oct 28, 2021 to Torres Advanced Enterprise Solutions LLC by Bureau of Overseas Building Operations. There have been $26.7M in obligations to date with a ceiling value of $250M, showing a 11% burn rate so far on the contract. The contract was not competed under any preference program with 20 offers received. We expect a 5 year duration with ultimate completion date of Oct 26, 2026.

Torres Advanced Enterprise Solutions LLC is a contractor located in VA, doing primarily Security Guard/Protection Services work for State. The company receives $20.2M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias 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.

Read the full report

Buying Agency/Office

State»DOS Management»Bureau of Overseas Building Operations

Read the full report