70Z08421DBHQ01700 - BUOY OVERHAUL FOR REGIONS 1, 2, 3, AND 4
Federal Contract Award Search » IDC Award
This IDC contract for Marine Products & Materials > Equipment Related Services was awarded in FY2021 on April 14, 2021 to WET TECH ENERGY, INC. by USCG Deputy Commandant for Mission Support (USCG-DCMS). There have been $1.6M in obligations to date with a ceiling value of $6.5M, showing a 25% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 9 offers received. We expect a 5 year duration with ultimate completion date of April 12, 2026.
WET TECH ENERGY, INC. is a contractor located in LA, doing primarily Marine Products & Materials > Equipment Related Services work for Homeland Security (DHS). The company receives $3.2M 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
- 70Z08421DBHQ01700
- Contractor
- WET TECH ENERGY, INC.
- Obligations to Date
- $1.6M
- Ceiling Value
- $6.5M
- Award Date
- 04/14/2021
- Contract Type
- IDC
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Homeland Security (DHS) » US Coast Guard (USCG) » USCG Deputy Commandant for Mission Support (USCG-DCMS)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 70Z08421FLWM03500 | WET TECH ENERGY, INC. | $67.7k | 06/17/2021 |
| 70Z08422FDL950167 | WET TECH ENERGY, INC. | $286.9k | 08/02/2022 |
| 70Z08422FDL950264 | WET TECH ENERGY, INC. | $191.1k | 09/30/2022 |
| 70Z08423FDL950034 | WET TECH ENERGY, INC. | $20.4k | 02/08/2023 |
| 70Z08423FDL950035 | WET TECH ENERGY, INC. | $227.4k | 02/09/2023 |
| 70Z08423FDL950036 | WET TECH ENERGY, INC. | $10.2k | 02/10/2023 |
| 70Z08423FDL950039 | WET TECH ENERGY, INC. | $285.3k | 02/14/2023 |
| 70Z08423FDL950047 | WET TECH ENERGY, INC. | $122.6k | 03/08/2023 |
| 70Z08423FDL950056 | WET TECH ENERGY, INC. | $35.1k | 03/23/2023 |
| 70Z08423FDL950067 | WET TECH ENERGY, INC. | $2k | 03/29/2023 |
| 70Z08423FDL950095 | WET TECH ENERGY, INC. | $195k | 05/23/2023 |
| 70Z08424FDL950013 | WET TECH ENERGY, INC. | $40.9k | 12/05/2023 |
| 70Z08424FDL950022 | WET TECH ENERGY, INC. | $56.2k | 12/14/2023 |
| 70Z08424FDL950098 | WET TECH ENERGY, INC. | $47k | 05/14/2024 |
