W91QVN08D0040 - FUEL DELIVERY SERVICE
Federal Contract Award Search » IDC Award
This IDC contract for Transportation > Research and Development was awarded in FY2008 on September 28, 2008 to Hanjin Transportation Co., Ltd. by . There have been no obligations to date with a ceiling value of $1.2M, showing a 0% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of September 29, 2013.
Hanjin Transportation Co., Ltd. is a contractor located in SEOUL, doing primarily Petro-Chemical Industries > Transportation and Logistics Services work for Defense. The company receives $12M 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.
- Contract Number
- W91QVN08D0040
- Contractor
- HANJIN TRANSPORTATION CO., LTD.
- Obligations to Date
- $0k
- Ceiling Value
- $1.2M
- Award Date
- 09/28/2008
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | HANJIN TRANSPORTATION CO., LTD. | $0k | 10/15/2008 |
