SPE2DE24DA016 - ELECTR CAT (ECAT) I DIV - FSC

This IDC contract for Test & Measurement Supplies was awarded in FY2024 on Aug 28, 2024 to Geo-Med, LLC. by DLA Medical Directorate. There have been $467.4k in obligations to date with a ceiling value of $49M, showing a 1% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 21 offers received. We expect a 5 year duration with ultimate completion date of Aug 26, 2029.

Geo-Med, LLC. is a contractor located in FL, doing primarily Medical Equipment & Supplies > Medical Supplies/Equipment work for Defense. The company receives $25.7M 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

Defense»Defense Logistics Agency (DLA)»DLA Troop Support»DLA Medical Directorate

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