83310118D0004 - '' '' | Federal Compass

83310118D0004 - '' ''

Federal Contract Award Search » IDC Award - Hybrid Contract for Scheduled and Unscheduled Aircraft Inspection Services

This IDC contract for Transportation > Professional Services, Aerospace & Defense > Equipment Related Services, Business Admin Services was awarded in FY2018 on September 21, 2018 to IBA GROUP LIMITED by Export-Import Bank of the U.S. (EXIM). There have been $8.4M in obligations to date with a ceiling value of $8.4M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 7 offers received. We expect a 5 year duration with ultimate completion date of October 16, 2023.

IBA GROUP LIMITED is a contractor located in SURREY, doing primarily Aerospace & Defense > Equipment Related Services work for Export-Import Bank of the U.S. (EXIM). The company receives $5.2M 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.

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Contract Number
83310118D0004
Contractor
IBA GROUP LIMITED
Obligations to Date
$8.4M
Ceiling Value
$8.4M
Award Date
09/21/2018
Contract Type
IDC
Competition Set Aside Type
No set aside used



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Task Order History

Task Order No. Contractor Obligations Effective Date
83310119F0005 IBA GROUP LIMITED $105k 11/20/2018
83310119F0025 IBA GROUP LIMITED $350k 05/31/2019
83310120F0004 IBA GROUP LIMITED $250k 12/09/2019
83310120F0014 IBA GROUP LIMITED $56.4k 05/04/2020
83310120F0017 IBA GROUP LIMITED $850.9k 05/20/2020
83310120F0023 IBA GROUP LIMITED $1.7M 07/10/2020
83310120F0035 IBA GROUP LIMITED $235k 08/17/2020
83310120F0053 IBA GROUP LIMITED $1.9M 09/30/2020
83310121F0014 IBA GROUP LIMITED $61k 02/02/2021
83310122F0013 IBA GROUP LIMITED $150k 03/04/2022
83310122F0025 IBA GROUP LIMITED $2.6M 04/14/2022
83310122F0045 IBA GROUP LIMITED $200k 07/27/2022

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