20342319D00002 - TRANSFER ACTION Kwalu Lancaster furniture for the ... | Federal Compass

20342319D00002 - TRANSFER ACTION Kwalu Lancaster furniture for the ...

Federal Contract Award Search » IDC Award

This IDC contract for Furniture was awarded in FY2019 on April 22, 2019 to INTERIOR RESOURCE GROUP INC by Armed Forces Retirement Home. There have been $53.5k in obligations to date with a ceiling value of $367.6k, showing a 15% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 3 year duration with ultimate completion date of January 03, 2022.

INTERIOR RESOURCE GROUP INC is a contractor located in MD, doing primarily Furniture work for Navy. The company employs about 3 personnel, with $3.8M 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.

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Contract Number
20342319D00002
Obligations to Date
$53.5k
Ceiling Value
$367.6k
Award Date
04/22/2019
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Armed Forces Retirement Home

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Award Obligation Trends
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Task Order History

Task Order No. Contractor Obligations Effective Date
20342319F00033 INTERIOR RESOURCE GROUP INC $53.5k 08/28/2019

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