N4008416D6304 - BASIC AWARD - N40084-16-D-6304 WEIGHT HANDLING E...

This IDC contract for Construction Related Equipment > Facilities & Construction, Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2016 on Mar 4, 2016 to YOSHIDA KAIUN CO., LTD. by NAVFAC Far East. There have been $2.4M in obligations to date with a ceiling value of $10.8M, showing a 22% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Mar 14, 2021.

YOSHIDA KAIUN CO., LTD. is a contractor doing primarily Automotive Parts & Products > Transportation and Logistics Services work for Navy. The company receives $1.4M 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.

Read the full report

Buying Agency/Office

Navy»Naval Facilities Engineering Command (NAVFAC)»NAVFAC Pacific»NAVFAC Far East

Read the full report