Defense Award | SPE7LX17D0053 | PERISCOPE,ARMORED V

SPE7LX17D0053 - PERISCOPE,ARMORED V

Federal Contract Award Search » IDC Award

This IDC contract for Test & Measurement Supplies was awarded in FY2017 on Sep 12, 2017 to Optex Systems, Inc. by DLA Acquisition Directorate. There have been $2.8M in obligations to date with a ceiling value of $2.8M, showing a 100% 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 5 year duration with ultimate completion date of Sep 10, 2022.

Optex Systems, Inc. is a contractor located in TX, doing primarily Test & Measurement Supplies work for Defense. The company receives $3.1M 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
SPE7LX17D0053
Contractor
OPTEX SYSTEMS, INC.
Obligations to Date
$2.8M
Ceiling Value
$2.8M
Award Date
09/12/2017
Contract Type
IDC
Competition Set Aside Type
Small Business Set-Aside -- Total

Buying Agency/Office
Defense»Defense Logistics Agency (DLA)»DLA Acquisition Directorate


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Task Order History

Task Order No. Contractor Obligations Effective Date
0001 OPTEX SYSTEMS, INC. $499.6k 09/27/2017
SPE7M118F6166 OPTEX SYSTEMS, INC. $999.2k 10/18/2017
SPE7M118F6167 OPTEX SYSTEMS, INC. $499.6k 10/18/2017
SPE7M118F34HN OPTEX SYSTEMS, INC. $64.1k 03/15/2018
SPE7M118F49CF OPTEX SYSTEMS, INC. $95.5k 04/05/2018
SPE7M118F75QX OPTEX SYSTEMS, INC. $126.9k 05/15/2018
SPE7M119F8002 OPTEX SYSTEMS, INC. $64.1k 11/28/2018
SPE7M119F053V OPTEX SYSTEMS, INC. $115.6k 12/18/2018
SPE7M119F222N OPTEX SYSTEMS, INC. $100.5k 01/17/2019
SPE7M119F683W OPTEX SYSTEMS, INC. $85.5k 03/28/2019
SPE7M119F14B3 OPTEX SYSTEMS, INC. $0.00 06/21/2019
SPE7M119F34R6 OPTEX SYSTEMS, INC. $91.7k 07/29/2019
SPE7M121F2713 OPTEX SYSTEMS, INC. $88.5k 10/29/2020

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