2031JG19D00040 - ARTISTIC INFUSION PROGRAM (AIP) 2019 CONTRACTS | Federal Compass

2031JG19D00040 - ARTISTIC INFUSION PROGRAM (AIP) 2019 CONTRACTS

Federal Contract Award Search » IDC Award

This IDC contract for Consumer Products > Miscellaneous S&E was awarded in FY2019 on May 14, 2019 to MASTERS, RICHARD A. by US Mint. There have been $102k in obligations to date with a ceiling value of $317.5k, showing a 32% burn rate so far on the contract. The contract was not competed under any preference program with 427 offers received. We expect a 6 year duration with ultimate completion date of December 30, 2025.

MASTERS, RICHARD A. is a contractor located in NY, doing primarily Consumer Products > Miscellaneous S&E work for Treasury. The company receives $18k 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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Contract Number
2031JG19D00040
Contractor
MASTERS, RICHARD A.
Obligations to Date
$102k
Ceiling Value
$317.5k
Award Date
05/14/2019
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Treasury » US Mint


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Task Order History

Task Order No. Contractor Obligations Effective Date
2031JG19F00218 MASTERS, RICHARD A. $6k 05/31/2019
2031JG19F00228 MASTERS, RICHARD A. $6k 06/03/2019
2031JG19F00283 MASTERS, RICHARD A. $6k 07/02/2019
2031JG19F00295 MASTERS, RICHARD A. $6k 07/03/2019
2031JG19F00311 MASTERS, RICHARD A. $6k 07/11/2019
2031JG20F00054 MASTERS, RICHARD A. $6k 11/01/2019
2031JG20F00184 MASTERS, RICHARD A. $6k 02/07/2020
2031JG20F00223 MASTERS, RICHARD A. $6k 03/05/2020
2031JG21F00141 MASTERS, RICHARD A. $6k 01/12/2021
2031JG21F00158 MASTERS, RICHARD A. $6k 01/28/2021
2031JG21F00174 MASTERS, RICHARD A. $6k 02/01/2021
2031JG22F00055 MASTERS, RICHARD A. $6k 11/01/2021
2031JG22F00187 MASTERS, RICHARD A. $6k 03/22/2022
2031JG22F00282 MASTERS, RICHARD A. $6k 07/11/2022
2031JG23F00044 MASTERS, RICHARD A. $6k 10/19/2022
2031JG23F00105 MASTERS, RICHARD A. $6k 12/05/2022
2031JG23F00181 MASTERS, RICHARD A. $6k 04/05/2023

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