FA820120D0004 - CONTRACTOR OPERATED PARTS STORE (COPARS) SERVICES ...

This IDC contract for Logistics > Professional Services was awarded in FY2020 on September 16, 2020 to Industrial Finishes & Systems Inc by 75th Logistics Readiness Squadron (75 LRS). There have been $6.8M in obligations to date with a ceiling value of $8M, showing a 85% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 6 year duration with ultimate completion date of March 30, 2026.

Industrial Finishes & Systems Inc is a contractor located in UT, doing primarily Facility Related Materials work for Air Force. The company receives $9.3M 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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Buying Agency/Office

Air Force » Air Force Materiel Command » Air Force Sustainment Center » 75th Air Base Wing » 75th Mission Support Group (75 MSG) » 75th Logistics Readiness Squadron (75 LRS)

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