FA302007D0009 - MULTIPLE AWARD CONSTRUCTION CONTRACT

This IDC contract for Facility Related Services > Facilities Repair, Facility Related Services > Facilities Maintenance was awarded in FY2007 on September 28, 2007 to MARVIN GROVES ELECTRIC CO INC by . There have been $9.7M in obligations to date with a ceiling value of $75M, showing a 13% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 9 offers received. We expect a 6 year duration with ultimate completion date of March 27, 2013.

MARVIN GROVES ELECTRIC CO INC is a contractor located in TX, doing primarily Hardware & Tools work for Treasury. 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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