An indefinite delivery indefinite quantity (IDIQ) multiple award task order contracts (matocs) for design-build (d-b) construction services, korea

Active Indefinite Delivery Contract Awarded Last action

Contract number
W912UM24D0007
Awardee
Awarding agency
Task orders
4 $8,209,065 obligated

Award facts

Opportunity
  • W912UM23R0006 Solicitation number
Combined order value
  • $8,212,565 Current, with exercised options
  • $8,264,382 Potential, with all options
Last date to order 43% complete
IDV ceiling 2% used
$400,000,000.00
Maximum order
$400,000,000.00
Award type
Multiple award
Who can order
Only the awarding agency
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition · 10 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price

Award details come from SAM.gov/FPDS.

About this IDV

The U.S. Army Corps of Engineers Far East District awarded a $400 million Indefinite Delivery/Indefinite Quantity Multiple Award Task Order Contract for design-build construction services to Yibon Construction Co., LTD., a South Korean construction firm. The contract, which became effective on June 21, 2024, and extends through December 20, 2029, establishes a vehicle through which the Army can issue firm-fixed price task orders for construction, repair, and facility upgrade projects at U.S. military installations throughout South Korea. The contract includes a minimum guarantee of $3,500 and carries no set-aside designation, indicating competition among multiple awardees. All work is performed in South Korea under the Status of Forces Agreement framework governing U.S. military operations in the region. The funding agency is the U.S. Army Corps of Engineers Far East District (also designated as ENDIST Far East), a defense-focused entity.

Under this indefinite delivery vehicle, Yibon Construction has demonstrated its capability to deliver specialized defense infrastructure services through executed task orders. A representative delivery order issued by Pacific Air Forces in September 2024 valued at $1,438,591.31 required repair of the fuel system maintenance dock at Osan Air Base, with completion by January 13, 2026. The contract vehicle enables rapid mobilization of construction resources across diverse project types including new construction, facility maintenance, system replacements, and demolition work. Yibon Construction's portfolio under related Army indefinite delivery contracts encompasses projects ranging from airfield pavement repairs to HVAC system installations, supporting critical logistics and operational readiness requirements for U.S. Forces Korea. The multiple-award structure allows various defense agencies and installations to compete among qualified contractors for individual task orders throughout the contract's performance period.

Task orders

Transactions

Action Obligated Date
Other Administrative Action P00004 · Class deviation 2025-O0003 / indefinite delivery indefinite quantity (IDIQ) multiple award task order contracts (matocs) for design-build (d-b) construction… $0
Other Administrative Action P00003 · Class deviation 2025-O0004-revocation of executive order on sustainability $0
Other Administrative Action P00002 · Add far clause 52.217-5, evaluation of options to section 00 72 00. $0
Other Administrative Action P00001 · Far and dfars clauses replaced/deleted/added under $400M IDIQ MATOC DB services, korea-wide. $0
Original award $0

Quick answers

Who was awarded contract W912UM24D0007?

W912UM24D0007 was awarded to Yibon Construction Co., LTD. by ENDIST Far East (US Army Corps of Engineers) on June 21, 2024.

How much is contract W912UM24D0007 worth?

Orders under W912UM24D0007 have obligated $8,209,065. Their combined current value, with exercised options, is $8,212,565. Their combined potential value, with all options, is $8,264,382. W912UM24D0007's own ceiling is $400,000,000. A single order can be worth up to $400,000,000.

How many orders have been placed under contract W912UM24D0007?

4 orders have been placed under W912UM24D0007, the latest on April 9, 2026.

Who can order from contract W912UM24D0007?

W912UM24D0007 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract W912UM24D0007 competed?

The extent of competition for W912UM24D0007 was full and open competition. The government received 10 offers.

On GovTribe

See this IDV's full record

  • Every order and transaction
  • The awardee's other awards and teaming partners
  • Similar IDVs and recompete opportunities
  • Ask GovTribe AI about this IDV