Indefinite Delivery Contract W91QVN24D0063

Geumjang Construction Co., Ltd, a South Korean construction and maintenance services company, was awarded a multiple-award Indefinite Delivery Contract (IDC) on October 5, 2023, by the U.S. Army Installation Management Command Pacific Region to provide general construction, repair, and upgrade services for U.S. Forces Korea (USFK) facilities. The contract carries a ceiling value of $66.08 billion with an ultimate completion date of October 4, 2028, and was awarded without set-aside restrictions following an open-market competition. The solicitation was posted on February 17, 2023, with a due date of March 31, 2023. Services to be delivered under this IDC encompass a comprehensive range of construction and infrastructure support activities including military family housing maintenance, building repairs and painting, roof repairs, fire hydrant replacements, transformer upgrades, parking lot and sidewalk repairs, LED lighting installations, and specialized infrastructure construction projects across multiple U.S. military installations in South Korea.

The contract structure enables the issuance of task orders for specific work requirements at U.S. military bases throughout the Pacific region. A representative delivery order issued on October 2, 2024, exemplifies the contract's application, with a firm fixed-price delivery order carrying a minimum guarantee and ceiling value of $5,000, scheduled for completion by October 31, 2024. As a multiple-award vehicle, this IDC allows the U.S. Army Installation Management Command Pacific Region to competitively task-order construction and maintenance services from Geumjang Construction and other qualified contractors, ensuring cost efficiency and technical expertise in supporting U.S. military operational and infrastructural requirements in South Korea.