Transportation Award | 693KA819D00006 | IDIQ CONTRACT FOR NAS VOICE RECORDERS

693KA819D00006 - IDIQ CONTRACT FOR NAS VOICE RECORDERS

Federal Contract Award Search » IDC Award

This IDC contract for Consumer Products > Electronic & Communication Equipment was awarded in FY2019 on August 02, 2019 to NICE SYSTEMS, INC by FAA Office of Finance and Management (AFN). There have been $52.5M in obligations to date with a ceiling value of $137M, showing a 38% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 6 year duration with ultimate completion date of July 30, 2025.

NICE SYSTEMS, INC is a contractor located in NJ, doing primarily Consumer Products > Electronic & Communication Equipment work for Transportation. The company receives $21M 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
693KA819D00006
Contractor
NICE SYSTEMS, INC
Obligations to Date
$52.5M
Ceiling Value
$137M
Award Date
08/02/2019
Contract Type
IDC
Competition Set Aside Type
No set aside used

Buying Agency/Office
Transportation » DOT Federal Aviation Administration » FAA Office of Finance and Management (AFN)


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Task Order History

Task Order No. Contractor Obligations Effective Date
693KA819F00389 NICE SYSTEMS, INC $5M 08/23/2019
693KA820F00198 NICE SYSTEMS, INC $18.9M 04/01/2020
693KA820F00419 NICE SYSTEMS, INC $4.4M 09/25/2020
693KA821F00009 NICE SYSTEMS, INC $59k 11/19/2020
693KA821F00048 NICE SYSTEMS, INC $564.4k 02/25/2021
693KA821F00123 NICE SYSTEMS, INC $3.9M 04/22/2021
693KA821F00176 NICE SYSTEMS, INC $4M 05/20/2021
693KA821F00232 NICE SYSTEMS, INC $3M 07/12/2021
693KA822F00203 NICE SYSTEMS, INC $10.7M 04/12/2022
693KA822F00417 NICE SYSTEMS, INC $133.1k 09/23/2022
693KA823F00224 NICE SYSTEMS, INC $1.6M 07/27/2023

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