DTFR5312D00004 - IDIQ CONTRACT FUNDS INITIATOR. REFER TO STATEM...

This IDC contract for Transportation > Research and Development was awarded in FY2012 on May 04, 2012 to SHARMA & ASSOCIATES INC by FRA Office of Acquisition. There have been $14.6M in obligations to date with a ceiling value of $14.6M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 9 offers received. We expect a 6 year duration with ultimate completion date of March 13, 2018.

SHARMA & ASSOCIATES INC is a contractor located in IL, doing primarily Transportation > Research and Development work for Transportation. The company receives $3.3M 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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Buying Agency/Office

Transportation » DOT Federal Railroad Administration » FRA Office of Administration » FRA Office of Acquisition

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