FA558720D0005 - PERFORMANCE WORK STATEMENT - 7 AUGUST 2020

This IDC contract for Facilities Purchase & Lease was awarded in FY2020 on Sep 30, 2020 to QinetiQ by 48th Operations Group. There have been $15.5M in obligations to date with a ceiling value of $27M, showing a 57% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Sep 28, 2025.

QinetiQ is a contractor located in VA, doing primarily Aerospace & Defense > Research and Development work for Army. The company receives $157.5M 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

Air Force»Air Forces Europe and Africa (USAFE-AFAFRICA)»3rd Air Force (Air Forces Europe)»48th Fighter Wing»48th Operations Group

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