N0042117D0019 - LOGISTICS SUPPORT SERVICES
Federal Contract Award Search » IDC Award
This IDC contract for Logistics > Professional Services was awarded in FY2017 on Dec 5, 2016 to LTM INC. by Naval Air Warfare Center - Aircraft Division (NAWCAD). There have been $84.5M in obligations to date with a ceiling value of $86.8M, showing a 97% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Dec 4, 2021.
LTM INC. is a contractor located in NC, doing primarily Logistics > Professional Services work for Navy. The company receives $25M 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
- N0042117D0019
- Contractor
- LTM INC.
- Obligations to Date
- $84.5M
- Ceiling Value
- $86.8M
- Award Date
- 12/05/2016
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Navy»Naval Air Systems Command»Naval Air Warfare Center - Aircraft Division (NAWCAD)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | LTM INC. | $2.3M | 12/05/2016 |
| 0003 | LTM INC. | $466.1k | 12/20/2016 |
| 0002 | LTM INC. | $1.3M | 12/20/2016 |
| 0007 | LTM INC. | $1.4M | 12/22/2016 |
| 0006 | LTM INC. | $1.3M | 12/22/2016 |
| 0004 | LTM INC. | $9.3M | 12/29/2016 |
| 0008 | LTM INC. | $19.9M | 01/04/2017 |
| N0042117F0065 | LTM INC. | $12.2M | 01/13/2017 |
| N0042117F0111 | LTM INC. | $6.8M | 01/24/2017 |
| N0042117F0167 | LTM INC. | $6.6M | 01/31/2017 |
| N0042117F0164 | LTM INC. | $1.9M | 02/01/2017 |
| 0005 | LTM INC. | $1.3M | 02/03/2017 |
| N0042117F0215 | LTM INC. | $1.3M | 02/16/2017 |
| N0042117F0090 | LTM INC. | $3.6M | 02/21/2017 |
| N0042117F0266 | LTM INC. | $557.5k | 03/06/2017 |
| N0042117F0429 | LTM INC. | $143.4k | 05/04/2017 |
| N0042117F0736 | LTM INC. | $5.9M | 06/08/2017 |
| N0042117F0315 | LTM INC. | $1.6M | 07/26/2017 |
| N0042117F0642 | LTM INC. | $299.8k | 09/14/2017 |
| N0042117F0624 | LTM INC. | $1.3M | 09/20/2017 |
