693JF719D000002 - (1) MARITIME ADMINISTRATION (MARAD) USES THIS CONT...

This IDC contract for Construction & Related Services > Architect, Engineering & Construction, Program Management, Support Ships & Small Craft > Vessels was awarded in FY2019 on May 21, 2019 to Saltchuk by Office of Acquisition. There have been $1.6B in obligations to date with a ceiling value of $1.6B, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 10 year duration with ultimate completion date of May 27, 2029.

Saltchuk is a contractor located in FL, doing primarily Support Ships & Small Craft > Vessels work for Transportation. The company receives $875M 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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Buying Agency/Office

Transportation»DOT Maritime Administration»Office of Acquisition

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