DU205NC15D26 - DATA ENTRY SERVICES
Federal Contract Award Search » IDC Award
This IDC contract for Business Admin Services, IT Outsourcing was awarded in FY2015 on September 23, 2015 to NET WORLD TECHNOLOGY CORPORATION by Chicago Field Operations Division. There have been $551.5k in obligations to date with a ceiling value of $1.1M, showing a 50% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of November 25, 2020.
NET WORLD TECHNOLOGY CORPORATION is a contractor located in PA, doing primarily IT Outsourcing work for Navy. The company receives $58.7k annually in federal awards (as of FY2020). Also, they have shown success winning GWAC 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
- DU205NC15D26
- Contractor
- NET WORLD TECHNOLOGY CORPORATION
- Obligations to Date
- $551.5k
- Ceiling Value
- $1.1M
- Award Date
- 09/23/2015
- Contract Type
- IDC
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Housing and Urban Development » HUD Office of Administration » HUD Office of the Chief Procurement Officer » HUD Field Operations » Chicago Field Operations Division
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 001 | NET WORLD TECHNOLOGY CORPORATION | $150.2k | 09/25/2015 |
| 002 | NET WORLD TECHNOLOGY CORPORATION | $130.5k | 06/07/2016 |
| 003 | NET WORLD TECHNOLOGY CORPORATION | $102.9k | 05/25/2017 |
| 86545A18F00026 | NET WORLD TECHNOLOGY CORPORATION | $92.7k | 06/20/2018 |
| 86614119F00026 | NET WORLD TECHNOLOGY CORPORATION | $50.9k | 06/11/2019 |
| 86614121F00001 | NET WORLD TECHNOLOGY CORPORATION | $24.4k | 11/12/2020 |
