This IDC contract for Aerospace & Defense > Sustainment S&E was awarded in FY2014 on January 27, 2014 to AIRBORNE PRODUCT SUPPORT INC by Aviation - Supplier Operations. There have been no obligations to date with a ceiling value of $150k, showing a 0% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 2 offers received. We expect a 1 year duration with ultimate completion date of January 25, 2015.
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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