Federal contract vehicle · indefinite delivery / indefinite quantity
(1) Maritime Administration (MARAD) Uses This Contract to Procure Vessel Construction Management (VCM) Services and the National Security Multi-mission Vessel (2)THIS Contract Is a Firm Fixed Price Idiq Contract (3)THIS Contract Has a Five-year Base Period and a Five-year Option Period (4) the Minimum Guarantee Amount of This Contract Is $200,000 and (5) the Ceiling of This Contract Is $1.75 Billion.
Committed
$1.7 Billion
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 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.
The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
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.
One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .
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