article thumbnail

What Happens When an Agency Issue Orders Under a Requirements Contract, Then Reduces Quantities and Partially De-Obligates Funds

Public Contracting Institute

Claim for full amount in task order Vectrus claimed it was entitled to the full amount in Task Order 63, because it was a fully funded, fixed price contract that set forth definite, not estimated quantities. The relevant CLINs were designated as “cost” CLINs, with no fixed price-only an estimated quantity and cost.

article thumbnail

Why pricing and quantities go hand-in-hand for a fixed-price contract

Federal News Network

A contractor got into a pricing squeeze when the customer, in this case the Marine Corps, way underestimated the quantities for the services under the fixed-price contract. The post Why pricing and quantities go hand-in-hand for a fixed-price contract first appeared on Federal News Network. Zach Prince It looks like.

Price 52
article thumbnail

Air Force Awards $70M Air-Launched Cruise Missile Engineering Support Contract to Boeing

ExecutiveBiz

million, indefinite-delivery/indefinite-quantity contract from the U.S. Boeing has secured a potential $70.6 Air Force to provide system engineering and logistics analysis services to support the air-launched cruise missile, including its integration with the Boeing B-52 Stratofortress long-range, heavy bomber.

article thumbnail

Energy Department Awards TRANSCOM Technical Support Services Contract to CCS-Ivory Cloud Joint Venture

ExecutiveBiz

The up to $15 million indefinite-delivery/indefinite-quantity contract will run from July 1, 2024, to June 30, 2029, and feature firm-fixed-price task orders, the DOE said Tuesday. The contract will primarily provide technical […]

Contract 105
article thumbnail

Leidos to Provide IT & Telco Support Under $738M Air Force IDIQ; Steve Hull Quoted

ExecutiveBiz

Leidos has landed a $738 million indefinite-delivery/indefinite-quantity contract to deliver enterprise information technology and telecommunications services to the U.S.

article thumbnail

Crowley Government Services Lands $613M TRANSCOM Contract for Transportation Services

GovCon Wire

million indefinite-delivery/indefinite-quantity contract from the U.S. Crowley‘s government services business will provide the Department of Defense with transportation services under a $613.3 Transportation Command. The DOD said Friday Crowley Government Services will perform Freight All Kinds services within the continental U.S.,

article thumbnail

AECOM-led JV to Perform Facility Support Services for NAVFAC Pacific

ExecutiveBiz

An AECOM-led joint venture will provide the Naval Facilities Engineering Systems Command Pacific with facility support services under an indefinite-delivery/indefinite-quantity contract.

Quantity 105