N4008522D0039 - SMALL PROJECTS A-E IDIQ
Federal Contract Award Search » IDC Award
This IDC contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2022 on May 25, 2022 to SCHMIDT-PRIME GROUP, LLC by Naval Station Norfolk. There have been $8.4M in obligations to date with a ceiling value of $30M, showing a 28% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 17 offers received. We expect a 5 year duration with ultimate completion date of May 23, 2027.
SCHMIDT-PRIME GROUP, LLC is a contractor located in FL, doing primarily Construction & Related Services > Architect, Engineering & Construction work for Navy. The company receives $13.6M 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
- N4008522D0039
- Contractor
- SCHMIDT-PRIME GROUP, LLC
- Obligations to Date
- $8.4M
- Ceiling Value
- $30M
- Award Date
- 05/25/2022
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Navy»Navy Installations Command (CNIC)»CNIC Navy Region Mid-Atlantic»Naval Station Norfolk
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| N4008522F5295 | SCHMIDT-PRIME GROUP, LLC | $5k | 05/25/2022 |
| N4008523F4732 | SCHMIDT-PRIME GROUP, LLC | $1.9M | 05/24/2023 |
| N4008523F6338 | SCHMIDT-PRIME GROUP, LLC | $613.9k | 08/24/2023 |
| N4008523F6336 | SCHMIDT-PRIME GROUP, LLC | $745.3k | 08/29/2023 |
| N4008523F6432 | SCHMIDT-PRIME GROUP, LLC | $399.5k | 09/07/2023 |
| N4008523F6648 | SCHMIDT-PRIME GROUP, LLC | $1.2M | 09/19/2023 |
| N4008523F6774 | SCHMIDT-PRIME GROUP, LLC | $365k | 09/20/2023 |
| N4008524F4120 | SCHMIDT-PRIME GROUP, LLC | $2.8M | 11/27/2023 |
