This IDC contract for Education/Training > Human Capital was awarded in FY2021 on April 21, 2021 to LIBERTY FOUNDATION, INC., THE by DOT Federal Aviation Administration. There have been $61.9k in obligations to date with a ceiling value of $187.2k, showing a 33% 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 April 19, 2024.
LIBERTY FOUNDATION, INC., THE is a contractor located in GA, doing primarily Education/Training > Human Capital work for Transportation. 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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|Task Order No.||Contractor||Obligations||Effective Date|
|6973GH22F00584||LIBERTY FOUNDATION, INC., THE||$12.3k||03/04/2022|
|6973GH23F01149||LIBERTY FOUNDATION, INC., THE||$34.9k||05/11/2023|
|6973GH23F01145||LIBERTY FOUNDATION, INC., THE||$14.7k||05/11/2023|