M6785417D2603 - PROGRAM MANAGEMENT ACQUISITION SUPPORT

This IDC contract for Program Management was awarded in FY2017 on April 27, 2017 to FPJV, LLC by Marine Corps Systems Command (MARCORSYSCOM). There have been $36.3M in obligations to date with a ceiling value of $48M, showing a 76% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 5 offers received. We expect a 5 year duration with ultimate completion date of August 25, 2022.

FPJV, LLC is a contractor located in VA, doing primarily Program Management work for Marine Corps. The company receives $10.5M 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

Marine Corps » Marine Corps Systems Command (MARCORSYSCOM)

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