TOS15D0003 - -- MARRIOTT HOTEL CONFERENCE ROOM

This IDC contract for Passenger Travel, Facilities Purchase & Lease was awarded in FY2016 on October 07, 2015 to Marriott International by Treasury Office of Management. There have been $176.3k in obligations to date with a ceiling value of $4.9M, showing a 4% burn rate so far on the contract. The contract was not competed under any preference program with 7 offers received. We expect a 6 year duration with ultimate completion date of April 29, 2021.

Marriott International is a contractor located in MD, doing primarily Passenger Travel work for Army. The company receives $1.8M 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.

Read the full report

Buying Agency/Office

Treasury » Treasury Office of Management

Read the full report