TCC07HQD0050 - PMO SUPPORT TCC07HQD0050

This IDC contract for Program Management, IT Outsourcing was awarded in FY2007 on September 24, 2007 to DEFINITIVE BUSINESS SOLUTIONS, INC. by . There have been $5.8M in obligations to date with a ceiling value of $30M, showing a 19% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 10 offers received. We expect a 7 year duration with ultimate completion date of October 30, 2014.

DEFINITIVE BUSINESS SOLUTIONS, INC. is a contractor located in VA, doing primarily IT Outsourcing work for Treasury. Also, they have shown success winning No/Limited Bias 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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