M6785420D7405 - BUSINESS MANAGEMENT SUPPORT SERVICES IDIQ | Federal Compass

M6785420D7405 - BUSINESS MANAGEMENT SUPPORT SERVICES IDIQ

Federal Contract Award Search » IDC Award

This IDC contract for Program Management was awarded in FY2020 on May 24, 2020 to GALAPAGOS FEDERAL SYSTEMS LLC by Marine Corps Systems Command (MARCORSYSCOM). There have been $2.8M in obligations to date with a ceiling value of $22M, showing a 13% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of May 23, 2025.

GALAPAGOS FEDERAL SYSTEMS LLC is a contractor located in HI, doing primarily Business Admin Services work for Defense. The company receives $8.1M 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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Contract Number
M6785420D7405
Obligations to Date
$2.8M
Ceiling Value
$22M
Award Date
05/24/2020
Contract Type
IDC
Competition Set Aside Type
8(a) Sole Source

Buying Agency/Office
Marine Corps » Marine Corps Systems Command (MARCORSYSCOM)


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Task Order History

Task Order No. Contractor Obligations Effective Date
M6785420F7416 GALAPAGOS FEDERAL SYSTEMS LLC $979.8k 05/29/2020
M6785422F7604 GALAPAGOS FEDERAL SYSTEMS LLC $1.8M 08/30/2022

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