Incremental funding for engineering and technical support
Ended Awarded Last action
- Contract number
- 692M1523F00016
- Awardee
-
Basic Commerce & Industries Inc. UEI ZJUJKFLSNBV9
- Awarding agency
-
Technical Center
Federal Aviation Administration, Department of Transportation
- Obligated
- $932,781
Award facts
- Contract value 75% obligated
-
- $932,780.73 Current, with exercised options
- $1,248,358.21 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541330 Engineering Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Time and Materials
- Place of performance
- Atlantic City, NJ 08405, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$47,406 | |
| Funding Only Action | $196,851 | |
| Funding Only Action | $81,415 | |
| Exercise an Option | $178,442 | |
| Funding Only Action | $210,927 | |
| Funding Only Action | $118,712 | |
| Other Administrative Action | $0 | |
| Original award | $193,840 |
About this award
The Federal Aviation Administration Technical Center issued a delivery order to Basic Commerce & Industries Inc. on December 15, 2022, with a ceiling value of $1,248,358.21 for incremental funding for engineering and technical support.
This is a time-and-materials delivery order against a single-award IDIQ. Place of performance is Atlantic City, NJ. The order reached ultimate completion on December 22, 2024.
Basic Commerce & Industries Inc. is a minority-owned, Subcontinent Asian American small business based in Moorestown, New Jersey. The company delivers systems engineering, technical analysis, and program management services with particular depth in aviation weather systems and NextGen Weather Processor development.
Government-invoiced labor in FY2024 totaled $428 thousand across 2.1 FTEs and 4,337 contractor hours, with a derived government-paid hourly rate of $98.67 per hour. The prior fiscal year (FY2023) showed $356 thousand invoiced across 1.6 FTEs and 3,385 contractor hours at $105.26 per hour. In FY2024, 20 percent of contractor hours were subcontracted. The derived hourly rate declined year-over-year.
Quick answers
Who was awarded contract 692M1523F00016?
692M1523F00016 was awarded to Basic Commerce & Industries Inc. by Technical Center (Federal Aviation Administration) on December 15, 2022.
How much is contract 692M1523F00016 worth?
The government has obligated $932,781 on 692M1523F00016. Its potential value, with all options, is $1,248,358.
Is contract 692M1523F00016 an order under another contract?
Yes. 692M1523F00016 is a delivery order under 692M1522D00003, an indefinite delivery contract.
Was contract 692M1523F00016 competed?
The extent of competition for 692M1523F00016 was full and open competition.
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