SA700702A0007 -

This IDC contract for Aerospace & Defense > Research and Development, Industrial Products & Machinery > Industrial Products & Services, Office Products & Services, Printed/Published Media, Consumer Products > Miscellaneous S&E, IT Hardware, IT Software was awarded in FY2003 on Oct 1, 2002 to Konica Minolta by . There have been $61.1M in obligations to date with a ceiling value of $61.1M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 119 year duration with ultimate completion date of Sep 29, 2012.

Konica Minolta is a contractor located in VA, doing primarily Industrial Products & Machinery > Industrial Products & Services work for Defense. The company receives $21.4M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias 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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