693JF718D000006 - MARAD REQUIRES A CONTRACTOR IS TO PROVIDE IMPLEMEN...
Federal Contract Award Search » IDC Award
This IDC contract for Marine Products & Materials > Industrial Products & Services was awarded in FY2018 on July 10, 2018 to Drew Marine USA Inc by Office of Acquisition. There have been $2.9M in obligations to date with a ceiling value of $2.9M, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of June 29, 2023.
Drew Marine USA Inc is a contractor located in NJ, doing primarily Petro-Chemical Industries > Industrial Products & Services work for Navy. The company receives $12.7M 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
- 693JF718D000006
- Contractor
- DREW MARINE USA INC
- Obligations to Date
- $2.9M
- Ceiling Value
- $2.9M
- Award Date
- 07/10/2018
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Transportation » DOT Maritime Administration » Office of Acquisition
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 693JF719F000017 | DREW MARINE USA INC | $303.1k | 02/11/2019 |
| 693JF719F000043 | DREW MARINE USA INC | $396.2k | 09/18/2019 |
| 693JF720F000050 | DREW MARINE USA INC | $509.6k | 09/21/2020 |
| 693JF721F000039 | DREW MARINE USA INC | $646.2k | 06/29/2021 |
| 693JF722F00077N | DREW MARINE USA INC | $932.9k | 07/01/2022 |
