693KA918D00002 - THE PURPOSE OF THIS CONTRACT IS TO OBTAIN THE SERV...
Federal Contract Award Search » IDC Award
This IDC contract for Financial services was awarded in FY2018 on July 18, 2018 to GLOBAL AEROSPACE, INC. by FAA Acquisition and Business Services. There have been $205k in obligations to date with a ceiling value of $258.3M, showing a 0% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 6 year duration with ultimate completion date of June 02, 2024.
GLOBAL AEROSPACE, INC. is a contractor located in NJ, doing primarily Financial services work for Transportation. The company receives $180.8k 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.
- Contract Number
- 693KA918D00002
- Contractor
- GLOBAL AEROSPACE, INC.
- Obligations to Date
- $205k
- Ceiling Value
- $258.3M
- Award Date
- 07/18/2018
- 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) » FAA Acquisition and Business Services
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 693KA918F00137 | GLOBAL AEROSPACE, INC. | $17.5k | 07/18/2018 |
| 693KA919F00078 | GLOBAL AEROSPACE, INC. | $46.7k | 06/04/2019 |
| 693KA920F00030 | GLOBAL AEROSPACE, INC. | $7.4k | 01/09/2020 |
| 693KA920F00102 | GLOBAL AEROSPACE, INC. | $0k | 06/26/2020 |
| 693KA921F00135 | GLOBAL AEROSPACE, INC. | $50k | 03/24/2021 |
| 693KA921F00140 | GLOBAL AEROSPACE, INC. | $19.7k | 04/19/2021 |
| 693KA922F00066 | GLOBAL AEROSPACE, INC. | $53.5k | 06/16/2022 |
| 693KA923F00117 | GLOBAL AEROSPACE, INC. | $10.2k | 07/05/2023 |
