95315818D0002 - 3D COMPUTER-GENERATED VIDEO ANIMATION CT | Federal Compass

95315818D0002 - 3D COMPUTER-GENERATED VIDEO ANIMATION CT

Federal Contract Award Search » IDC Award - 3D Computer-Generated Video Public Affairs Animator (2018)

This IDC contract for Business Admin Services, Public Relations and Professional Communications Services was awarded in FY2018 on September 28, 2018 to V STUDIOS, INC. by Chemical Safety and Hazard Investigation Board. There have been $1M in obligations to date with a ceiling value of $2.5M, showing a 41% burn rate so far on the contract. The contract was not competed under any preference program with 7 offers received. We expect a 5 year duration with ultimate completion date of September 26, 2023.

V STUDIOS, INC. is a contractor located in VA, doing primarily Business Admin Services work for Chemical Safety and Hazard Investigation Board. The company receives $295k 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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Contract Number
95315818D0002
Contractor
V STUDIOS, INC.
Obligations to Date
$1M
Ceiling Value
$2.5M
Award Date
09/28/2018
Contract Type
IDC
Competition Set Aside Type
No set aside used



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Task Order History

Task Order No. Contractor Obligations Effective Date
95315818F0031 V STUDIOS, INC. $150k 09/28/2018
20356219F00027 V STUDIOS, INC. $150k 09/26/2019
20356220F00005 V STUDIOS, INC. $220k 06/16/2020
20356220F00009 V STUDIOS, INC. $75k 08/07/2020
20356221F00006 V STUDIOS, INC. $123k 05/26/2021
20356222F00011 V STUDIOS, INC. $96k 07/29/2022
20356223F00009 V STUDIOS INC $200k 06/27/2023

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