Federal contract vehicle · indefinite delivery / indefinite quantity

Oftedal Construction, Inc.

Yellowstone Grte Matoc 2024: Construction, Multiple Award Task Order Contract (MATOC) Covering a 5-YEAR Period for Highway/bridge/road Projects in Yellowstone National Park, Grand Teton National Park, and Projects in the Surrounding Area.

Committed

$21.8 Million

Paid to

UEI EMQCFUC4MZM5

206 Highway 59 N, Miles City, MT, 59301

Department of Transportation

Federal Highway Administration

690567 Western Federal Lands Div

Performance

May 14, 2024

Competition

Full and open competition

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal contract vehicle · indefinite delivery / indefinite quantity

Department of Transportation

Federal Highway Administration to

Oftedal Construction, Inc.

Committed

$21.8 Million

Paid to

Oftedal Construction, Inc.

UEI EMQCFUC4MZM5

206 Highway 59 N, Miles City, MT, 59301

Department of Transportation

Federal Highway Administration

690567 Western Federal Lands Div

Performance

May 14, 2024

Competition

Full and open competition

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗