FA822023D0001 - T-38 TALON REPAIR INSPECTION AND MAINTENANCE (TRIM...
Federal Contract Award Search » IDC Award
This IDC contract for Transportation > Transportation Related Equipment was awarded in FY2023 on March 06, 2023 to H.P.S. FABRICATIONS, INC. by Mobility and Training Directorate (WL). There have been $643.8k in obligations to date with a ceiling value of $3.2M, showing a 20% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 6 offers received. We expect a 3 year duration with ultimate completion date of March 04, 2026.
H.P.S. FABRICATIONS, INC. is a contractor located in MI, doing primarily Marine Products & Materials > Industrial Products & Services work for Navy. The company receives $754.3k 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.
- Contract Number
- FA822023D0001
- Contractor
- HPS FABRICATIONS INC
- Obligations to Date
- $643.8k
- Ceiling Value
- $3.2M
- Award Date
- 03/06/2023
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Air Force » Air Force Materiel Command » Air Force Life Cycle Management Center » Mobility and Training Directorate (WL)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| FA822023F0009 | HPS FABRICATIONS INC | $165.8k | 03/06/2023 |
| FA822024F0001 | HPS FABRICATIONS INC | $478k | 10/25/2023 |
