70Z08024D21390B00 - AWARD OF IDIQ CONTRACT FOR THE OVERHAUL/MANUFACTUR...
Federal Contract Award Search » IDC Award - USCG Overhaul/Manufacture of Shafts and Rudders (2023)
This IDC contract for Marine Products & Materials > Industrial Products & Services was awarded in FY2024 on Nov 27, 2023 to DAMCO, INC. by USCG-DCMS Surface Forces Logistics Center (SFLC). There have been $91k in obligations to date with a ceiling value of $21.8M, showing a 0% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 4 offers received. We expect a 5 year duration with ultimate completion date of Nov 25, 2028.
DAMCO, INC. is a contractor located in NC, doing primarily Marine Products & Materials > Industrial Products & Services work for Homeland Security (DHS). The company receives $1.8M 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
- 70Z08024D21390B00
- Contractor
- DAMCO, INC.
- Obligations to Date
- $91k
- Ceiling Value
- $21.8M
- Award Date
- 11/27/2023
- Contract Type
- IDC
- Contract Vehicle
- USCG Overhaul/Manufacture of Shafts and Rudders (2023)
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Homeland Security (DHS)»US Coast Guard (USCG)»USCG Deputy Commandant for Mission Support (USCG-DCMS)»USCG-DCMS Assistant Commandant for Engineering & Logistics (CG-4)»USCG-DCMS Surface Forces Logistics Center (SFLC)
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 70Z08525F41390B00 | DAMCO, INC. | $76k | 07/28/2025 |
