N4008520D0003 - CLASS III TRAINING EQUIPMENT
Federal Contract Award Search » IDC Award
This IDC contract for Facility Related Services > Facilities Maintenance, Logistics Equipment > Industrial Products & Services, IT Outsourcing was awarded in FY2020 on October 24, 2019 to VSE Corporation by NAVFAC Mid-Atlantic. There have been $1.3M in obligations to date with a ceiling value of $1.6M, showing a 82% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of October 22, 2024.
VSE Corporation is a contractor located in VA, doing primarily Aerospace & Defense > Equipment Related Services work for Navy. The company receives $165.1M 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
- N4008520D0003
- Contractor
- VSE CORPORATION
- Obligations to Date
- $1.3M
- Ceiling Value
- $1.6M
- Award Date
- 10/24/2019
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Navy » Naval Facilities Engineering Command (NAVFAC) » NAVFAC Atlantic » NAVFAC Mid-Atlantic
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| N4008520F4243 | VSE CORPORATION | $3.4k | 12/20/2019 |
| N4008520F4386 | VSE CORPORATION | $255.2k | 01/28/2020 |
| N4008521F4742 | VSE CORPORATION | $258.1k | 02/23/2021 |
| N4008522F4069 | VSE CORPORATION | $255.7k | 11/10/2021 |
| N4008523F4096 | VSE CORPORATION | $256k | 11/29/2022 |
| N4008524F4083 | VSE CORPORATION | $256.6k | 10/24/2023 |
