2032H322D00004 - TREASURY SMALL PROJECT IDIQ

This IDC contract for Facility Related Services > Facilities Repair was awarded in FY2022 on June 29, 2022 to CONSTRUCTURE INC. by Office of Treasury Operations. There have been $1.8M in obligations to date with a ceiling value of $4.5M, showing a 39% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 2 year duration with ultimate completion date of June 27, 2024.

CONSTRUCTURE INC. is a contractor located in VA, doing primarily Facility Related Services > Facilities Repair work for State. The company receives $8.4M annually in federal awards (as of FY2020). 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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Buying Agency/Office

Treasury » Treasury Office of Management » Office of Treasury Operations

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