FA487724D0020 - THIS HUMAN PERFORMANCE OPTIMIZATION (HPO) CONTRACT...
Federal Contract Award Search » IDC Award
This IDC contract for Healthcare > Medical Practitioners was awarded in FY2024 on Sep 19, 2024 to LAREDO TECHNICAL SERVICES INC by . There have been $2.7M in obligations to date with a ceiling value of $8M, showing a 34% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 7 offers received. We expect a 5 year duration with ultimate completion date of Sep 21, 2029.
LAREDO TECHNICAL SERVICES INC is a contractor located in TX, doing primarily Healthcare > Medical Practitioners work for Veterans Affairs. The company receives $4.8M 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
- FA487724D0020
- Contractor
- LAREDO TECHNICAL SERVICES, INC.
- Obligations to Date
- $2.7M
- Ceiling Value
- $8M
- Award Date
- 09/19/2024
- Contract Type
- IDC
- Competition Set Aside Type
- Service Disabled Veteran Owned Small Business Set-Aside
- Buying Agency/Office
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| FA487724F0253 | LAREDO TECHNICAL SERVICES, INC. | $673.6k | 09/19/2024 |
| FA487724F0254 | LAREDO TECHNICAL SERVICES, INC. | $683k | 09/19/2024 |
| FA487725F0191 | LAREDO TECHNICAL SERVICES, INC. | $698.7k | 06/06/2025 |
| FA487725F0208 | LAREDO TECHNICAL SERVICES, INC. | $694.2k | 07/02/2025 |
