Indefinite Delivery Contract 693KA918D00002

Award Date 7/18/18
Last Date to Order 6/3/24
Funding Federal Agency
Southwestern Region
Contracting Federal Agency
Headquarters
Ultimate Awardee
Not listed
Set-Aside Type
No Set-Aside Used
Federal Contract Vehicle
Pricing Type
Labor Hours
Legislative Mandate
Not listed
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed
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  • 693KA918D00002
    Indefinite Delivery Contract
  • 8
    Federal Contract Awards

This Indefinite Delivery Contract (IDC) was awarded by the Department of Transportation Federal Aviation Administration (DOT-FAA) to Global Aerospace, Inc., a for-profit subchapter S corporation, to provide comprehensive aviation insurance and risk management services in support of the agency's Aviation Insurance Claims Program (AIC). The single-award IDC has a ceiling value of $258,300,964.00 and an ultimate completion date of June 3, 2024. Under this contract, Global Aerospace will deliver hull, comprehensive, and liability insurance coverage to enable FAA flight operations and air transportation safety initiatives nationwide. The contract does not have any set-aside designations.

The contract has generated multiple firm fixed price and time and materials delivery orders ranging from $25,000 to over $1.8 million to support various aspects of the FAA's insurance program, including risk analysis, claims settlement, and ongoing coverage for agency activities. The delivery orders specify performance locations across the United States, including Washington, D.C., New Jersey, and Maryland. Through this IDC and related delivery orders, Global Aerospace leverages its expertise in aviation insurance and risk management to assist the FAA in fulfilling its mission of ensuring safety and efficiency in the national airspace system.

Generated 9/7/24, 9:28 AM