47PH0817D0017 - INDEFINITE DELIVERY INDEFINITE QUANTITY CONTRAC...

This IDC contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2018 on November 02, 2017 to RICHTER ASSOCIATE ARCHITECTS INCORPORATED by PBS Region 7 Greater Southwest. There have been $3M in obligations to date with a ceiling value of $10M, showing a 30% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of October 31, 2022.

RICHTER ASSOCIATE ARCHITECTS INCORPORATED is a contractor located in TX, doing primarily Construction & Related Services > Architect, Engineering & Construction work for General Services Administration. The company receives $596.2k 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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Buying Agency/Office

General Services Administration » Public Buildings Service » PBS Regional Offices » PBS Region 7 Greater Southwest

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