FA850112D0003 - BASIC CONTRACT PERIOD
Federal Contract Award Search » IDC Award
This IDC contract for IT Outsourcing, Construction & Related Services > Architect, Engineering & Construction, Facility Related Services > Facilities Maintenance, Facility Related Services > Facilities Repair was awarded in FY2012 on March 21, 2012 to PRECISION 2000, INC. by 78th Civil Engineer Group. There have been $12M in obligations to date with a ceiling value of $22.5M, showing a 53% burn rate so far on the contract. The contract was not competed under any preference program with 5 offers received. We expect a 5 year duration with ultimate completion date of March 19, 2017.
PRECISION 2000, INC. is a contractor located in GA, doing primarily Facility Related Services > Facilities Repair work for Air Force. The company receives $1.7M 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
- FA850112D0003
- Contractor
- PRECISION 2000, INC.
- Obligations to Date
- $12M
- Ceiling Value
- $22.5M
- Award Date
- 03/21/2012
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Air Force » Air Force Materiel Command » Air Force Sustainment Center » 78th Air Base Wing » 78th Civil Engineer Group
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | PRECISION 2000, INC. | $15k | 03/21/2012 |
| 0002 | PRECISION 2000, INC. | $1.5M | 09/20/2012 |
| 0004 | PRECISION 2000, INC. | $22.9k | 09/24/2012 |
| 0003 | PRECISION 2000, INC. | $85.3k | 09/24/2012 |
| 0006 | PRECISION 2000, INC. | $291.2k | 09/29/2012 |
| 0007 | PRECISION 2000, INC. | $62.9k | 09/13/2013 |
| 0008 | PRECISION 2000, INC. | $73.6k | 09/20/2013 |
| 0009 | PRECISION 2000, INC. | $490.9k | 09/25/2013 |
| 0011 | PRECISION 2000, INC. | $161.1k | 09/26/2013 |
| 0012 | PRECISION 2000, INC. | $24.4k | 09/28/2013 |
| 0014 | PRECISION 2000, INC. | $317.9k | 09/30/2013 |
| 0013 | PRECISION 2000, INC. | $235.8k | 09/30/2013 |
| 0015 | PRECISION 2000, INC. | $129.7k | 02/19/2014 |
| 0017 | PRECISION 2000, INC. | $211.8k | 07/01/2014 |
| 0021 | PRECISION 2000, INC. | $20.1k | 08/28/2014 |
| 0022 | PRECISION 2000, INC. | $80.8k | 08/28/2014 |
| 0031 | PRECISION 2000, INC. | $177.6k | 09/15/2014 |
| 0016 | PRECISION 2000, INC. | $1.3M | 09/19/2014 |
| 0018 | PRECISION 2000, INC. | $46.4k | 09/19/2014 |
| 0019 | PRECISION 2000, INC. | $288.2k | 09/19/2014 |
