70Z08418DBB101400 - LION BUS CORPORATION FY18 $90,577.60
Federal Contract Award Search » IDC Award
This IDC contract for Passenger Travel was awarded in FY2018 on August 20, 2018 to LION CORPORATION by USCG Deputy Commandant for Operations (DCO). There have been $421.4k in obligations to date with a ceiling value of $449.6k, showing a 94% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of August 30, 2023.
LION CORPORATION is a contractor located in NJ, doing primarily Passenger Travel work for Homeland Security (DHS). The company receives $61.2k 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.
- Contract Number
- 70Z08418DBB101400
- Contractor
- LION CORP.
- Obligations to Date
- $421.4k
- Ceiling Value
- $449.6k
- Award Date
- 08/20/2018
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Homeland Security (DHS) » US Coast Guard (USCG) » USCG Deputy Commandant for Operations (DCO)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 70Z08418FQNF34400 | LION CORP. | $77.4k | 08/20/2018 |
| 70Z08419FQNFD0800 | LION CORP. | $55k | 08/26/2019 |
| 70Z08420FQNF33800 | LION CORP. | $89.4k | 08/28/2020 |
| 70Z08421FQNF32800 | LION CORP. | $96.2k | 08/23/2021 |
| 70Z08422FCMAY0004 | LION CORP. | $103.4k | 08/25/2022 |
