The key contract details are as follows:
This is an Indefinite Delivery Contract (IDC) awarded by the Naval Sea Systems Command (NAVSEA), a defense agency, to Federal Metal Co, a small business manufacturer of metal products. The contract has a ceiling value of $4,491,000 and a period of performance from October 2024 to October 2029. The primary purpose is the manufacture of 60-inch metal ingots in support of the Navy's shipbuilding and maintenance programs.
The contract was originally solicited as a 5-year, Fixed-Price Indefinite Delivery/Indefinite Quantity (IDIQ) set aside for small businesses under NAICS code 331410 - Nonferrous Metal (except Aluminum) Smelting and Refining. The solicitation focused on the Navy's requirement for a contractor to pick up metal chips from their Philadelphia facility, process them into usable ingots, and return the finished products. The contract will utilize task orders to establish specific quantities and delivery schedules. Federal Metal Co's work under this IDC complements its role as a subcontractor providing production stock for various other naval contracts.
Generated 1/20/25, 8:43 PM