Indefinite Delivery Contract W91QVN24D0064

The federal contract IDV award is for general construction, repair, and upgrade services for U.S. Forces Korea (USFK) facilities. The prime contractor is Hyundai Livart Furniture Co., Ltd., a South Korean for-profit organization registered in SAM.gov. The contract has a ceiling value of $245,000,000 and a period of performance extending through October 2028. It was awarded by the U.S. Army's Installation Management Command (IMCOM) Pacific Region, a defense agency. The contract is a multiple-award Indefinite Delivery Contract with no set-aside designation, allowing the military to issue task orders for a wide range of construction and maintenance projects at USFK installations, including replacing infrastructure components, repairing building systems, and providing general facility upkeep. The original solicitation was posted in February 2023, seeking proposals for a Korea-wide multiple-award IDIQ contract for general construction, with a pre-proposal conference held to provide instructions to offerors.

The contracted services aim to support the maintenance and modernization of U.S. military facilities in South Korea, leveraging Hyundai Livart Furniture's extensive experience in federal construction, repair, and upgrade projects for the USFK. The IDIQ structure provides flexibility for the U.S. government to issue task orders as needed to address a diverse set of facility requirements, while the multiple-award approach ensures competitive pricing and service delivery.