The Indefinite Delivery Contract is a single award IDV issued by the Defense Logistics Agency Land and Maritime to Upstart Acquisitions Corp., doing business as Bet-Lar Services, a total small business set aside. The contract has a potential value of $250,000 and a period of performance through July 7, 2020.
The original solicitation sought quotes to establish an IDV for the procurement of NSN 3040011126829 SHAFT,SHOULDERED. The solicitation anticipated annual orders of 52 each items for delivery within 84 days to various CONUS and OCONUS DLA depots. The guaranteed minimum order quantity was 7 items. Responses were required to be submitted electronically. The IDV enables the agency to place orders for this stock-numbered part to support its equipment and supply needs.
The awarded IDV establishes the terms and conditions by which the Defense Logistics Agency Land and Maritime can issue task or delivery orders to the prime contractor, Upstart Acquisitions Corp., for the stock-numbered shaft through July 2020 or until the aggregate contract value is reached. This contracting vehicle streamlines the procurement process for this recurring requirement.
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