N4008524D0004 - DB/DB IDIQ HUBZONE MACC FOR GENERAL CONSTRUCTION A...
Federal Contract Award Search » IDC Award - HUBZone Small Projects MACC MCAS Beaufort (2023)
This IDC contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2024 on October 17, 2023 to Howard W. Pence, Inc. by NAVFAC Mid-Atlantic. There have been $5k in obligations to date with a ceiling value of $120M, showing a 0% burn rate so far on the contract. The contract was competed under HUBZone Set-Aside preference program with 16 offers received. We expect a 5 year duration with ultimate completion date of October 15, 2028.
Howard W. Pence, Inc. is a contractor located in KY, doing primarily Construction & Related Services > Architect, Engineering & Construction work for Army. The company receives $62.8M 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
- N4008524D0004
- Contractor
- HOWARD W. PENCE, INC.
- Obligations to Date
- $5k
- Ceiling Value
- $120M
- Award Date
- 10/17/2023
- Contract Type
- IDC
- Contract Vehicle
- HUBZone Small Projects MACC MCAS Beaufort (2023)
- Competition Set Aside Type
- HUBZone Set-Aside
- Buying Agency/Office
- Navy » Naval Facilities Engineering Command (NAVFAC) » NAVFAC Atlantic » NAVFAC Mid-Atlantic
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| N4008524F4069 | HOWARD W. PENCE, INC. | $5k | 10/17/2023 |
