This IDC contract for Logistics > Transportation and Logistics Services, Logistics > Professional Services, Telecommunications, Transportation > Research and Development, Acquisition Support, Translation & Interpretation, Equipment Maintenance, Business Admin Services, IT Hardware, Office Products & Services, Package Delivery & Packaging > Transportation and Logistics Services, Passenger Travel was awarded in FY2017 on April 26, 2017 to FedEx Corporation by Air Force. There have been $787.6M in obligations to date with a ceiling value of $2.6B, showing a 31% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of September 29, 2022.
FedEx Corporation is a contractor located in TN, doing primarily Logistics > Transportation and Logistics Services work for Air Force. The company receives $1.2B 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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|Task Order No.||Contractor||Obligations||Effective Date|
|HTC71117FC001||FEDERAL EXPRESS CORPORATION||$0k||05/22/2017|
|EPG17H01378||FEDERAL EXPRESS CORPORATION||$13.1k||08/02/2017|
|NSFDAS17T0062||FEDERAL EXPRESS CORPORATION||$157.1k||08/15/2017|
|HSCEMR17F00057||FEDERAL EXPRESS CORPORATION||$0k||08/31/2017|
|W9123717F0174||FEDERAL EXPRESS CORPORATION||$18.6k||09/01/2017|
|U701||FEDERAL EXPRESS CORPORATION||$1.3k||09/05/2017|
|INE17PD00110||FEDERAL EXPRESS CORPORATION||$34.1k||09/06/2017|
|IND17PD01119||FEDERAL EXPRESS CORPORATION||$151.1k||09/06/2017|
|SECHQ117F0090||FEDERAL EXPRESS CORPORATION||$23.4k||09/18/2017|
|DOCSB134117NC0727||FEDERAL EXPRESS CORPORATION||$290.1k||09/19/2017|
|DEDT0014107||FEDERAL EXPRESS CORPORATION||$60k||09/20/2017|
|N3220517F1284||FEDERAL EXPRESS CORPORATION||$39.6k||09/20/2017|
|DEDT0014097||FEDERAL EXPRESS CORPORATION||$11.8k||09/21/2017|
|INR17PD01029||FEDERAL EXPRESS CORPORATION||$61.8k||09/21/2017|
|TIRWR18K00003||FEDERAL EXPRESS CORPORATION||$2.6k||09/22/2017|
|123A9418F0002||FEDERAL EXPRESS CORPORATION||$2.4M||09/25/2017|
|80ARC017F0070||FEDERAL EXPRESS CORPORATION||$459.5k||09/26/2017|
|HSFE2017J0066||FEDERAL EXPRESS CORPORATION||$5k||09/28/2017|
|GSH1418AA0004||FEDERAL EXPRESS CORPORATION||$0k||09/28/2017|
|BH01||FEDERAL EXPRESS CORPORATION||$11.1k||09/28/2017|