SGE50016D0003 - BAGHDAD - THIRD COUNTRY NATIONAL HEALTH INSURANCE ...
Federal Contract Award Search » IDC Award
This IDC contract for Financial services was awarded in FY2016 on January 20, 2016 to GBG HOLDINGS INC by Bureau of Consular Affairs. There have been $749.9k in obligations to date with a ceiling value of $749.9k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 5 year duration with ultimate completion date of July 30, 2021.
GBG HOLDINGS INC is a contractor located in CA, doing primarily Financial services work for State. The company receives $1.5M 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
- SGE50016D0003
- Contractor
- GBG HOLDINGS INC
- Obligations to Date
- $749.9k
- Ceiling Value
- $749.9k
- Award Date
- 01/20/2016
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- State » DOS Management » Bureau of Consular Affairs
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| SGE50016F0070 | GBG HOLDINGS INC | $150k | 01/27/2016 |
| SGE50017F0077 | GBG HOLDINGS INC | $147.7k | 01/27/2017 |
| 19GE5018F0098 | GBG HOLDINGS INC | $157.9k | 01/31/2018 |
| 19GE5018F0394 | GBG HOLDINGS INC | $2.3k | 09/27/2018 |
| 19GE5019F0078 | GBG HOLDINGS INC | $127.6k | 02/01/2019 |
| 19GE5019F0080 | GBG HOLDINGS INC | $7.2k | 02/01/2019 |
| 19GE5020F0102 | GBG HOLDINGS INC | $97k | 01/23/2020 |
| 19GE5020F0107 | GBG HOLDINGS INC | $13.1k | 01/27/2020 |
| 19GE5021F0147 | GBG HOLDINGS INC | $2.4k | 02/05/2021 |
| 19GE5021F0148 | GBG HOLDINGS INC | $44.6k | 02/05/2021 |
