This indefinite delivery contract (IDC) W912UM24D0007 is a multiple-award task order contract (MATOC) awarded by the U.S. Army Corps of Engineers Far East District to Yibon Construction Co., LTD., a South Korean construction firm. The $400 million IDIQ contract provides design-build (DB) construction services to support U.S. military installations across South Korea. The contract has a ceiling value of $3,500 and a period of performance through December 19, 2029.
Yibon Construction has been awarded several other significant IDIQ contracts by the Army Installation Management Command Pacific Region and the Army Corps of Engineers Far East District for general construction, facility upgrades, and airfield paving services. These contract vehicles enable various defense agencies to issue task orders to Yibon for a wide range of infrastructure projects, including new construction, maintenance, system replacements, and demolition work. The contract does not utilize any set-aside programs, reflecting Yibon's demonstrated capabilities in supporting U.S. Forces Korea facilities through its extensive experience as a key contractor.
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