50310220D0017 - ONE IT IDIQ RESTRICTED POOL - ON-RAMP | Federal Compass

50310220D0017 - ONE IT IDIQ RESTRICTED POOL - ON-RAMP

Federal Contract Award Search » IDC Award - SEC ONE OIT IDIQ - Restricted

This IDC contract for IT Outsourcing was awarded in FY2020 on June 23, 2020 to STEELWATER IT, LLC by Securities and Exchange Commission. There have been no obligations to date with a ceiling value of $2.5B, showing a 0% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 77 offers received. We expect a 8 year duration with ultimate completion date of October 20, 2028.

STEELWATER IT, LLC is a contractor located in MD, doing primarily IT Outsourcing work for Securities and Exchange Commission. 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
50310220D0017
Contractor
STEELWATER IT, LLC
Obligations to Date
$0k
Ceiling Value
$2.5B
Award Date
06/23/2020
Contract Type
IDC
Competition Set Aside Type
Small Business Set-Aside -- Total

Buying Agency/Office
Securities and Exchange Commission


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