This IDC contract for Electrical & Electronics Equipment > Electronic & Communication Equipment was awarded in FY2020 on September 29, 2020 to S S I TECHNOLOGY INC by Aviation Supplier Operations. There have been $30k in obligations to date with a ceiling value of $250k, showing a 12% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 8 offers received. We expect a 2 year duration with ultimate completion date of March 30, 2022.
S S I TECHNOLOGY INC is a contractor located in MI, doing primarily Electrical & Electronics Equipment > Electronic & Communication Equipment work for Defense. The company receives $6.6M 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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|Task Order No.||Contractor||Obligations||Effective Date|
|SPE4A621F0418||SSI TECHNOLOGY, INC.||$0k||10/08/2020|
|SPE4A621F0648||SSI TECHNOLOGY, INC.||$0k||10/16/2020|
|SPE4A621F4148||SSI TECHNOLOGY, INC.||$30k||12/10/2020|