Indefinite Delivery Contract SPE7M121D61HL

This single award IDV was issued by the Defense Logistics Agency Land and Maritime to procure regulating valves. The contract has a one year base period and a potential value of $250,000. The originating solicitation sought quotes for 20 regulating valves to be shipped to various CONUS and OCONUS DLA depots, with an estimated 11 orders per year and a minimum guarantee of 3 orders. Chase Supply, Inc. was awarded the IDV as the prime contractor to supply these regulating valves and fulfill future orders under the terms of this contract.

The IDV provides DLA Land and Maritime the flexibility to issue delivery orders on an as-needed basis for regulating valves and related parts over the next year. As the agency responsible for provisioning military land and maritime forces, DLA likely requires these valves to support maintenance and repair operations for various weapons systems and equipment. By establishing this IDV with a small business, the agency aims to obtain competitive pricing while meeting its set-aside goals for this commodity. Future orders against this contract will allow DLA depots to acquire additional quantities of regulating valves as operational needs dictate.