Federal contract vehicle · indefinite delivery / indefinite quantity

Tazewell-Bgi JV, LLC

Design-build (db)/design-bid-build (DBB), Indefinite Delivery/indefinite Quantity (IDIQ) Multiple Award Construction Contract (MACC) for New Construction, Renovation, Alteration, and Repairs for General Construction Projects in the Hampton Roads Integrated Product Team (IPT) the Area of Responsibility (aor), But Primarily for Naval Air Station Oceana, Virginia, Joint Expeditionary Little Creek-fort Story, Virginia Beach/norfolk, and Naval Weapons Station, Yorktown Area of Responsibility

Committed

$39.5 Million

Paid to

UEI F52VS82AJ6X3

118 Brooke Ave, Norfolk, VA, 23510

Department of Defense

Department of the Navy

Navfacsyscom Mid-Atlantic

Performance

Aug 7, 2018

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 Defense

Department of the Navy to

Tazewell-Bgi JV, LLC

Committed

$39.5 Million

Paid to

Tazewell-Bgi JV, LLC

UEI F52VS82AJ6X3

118 Brooke Ave, Norfolk, VA, 23510

Department of Defense

Department of the Navy

Navfacsyscom Mid-Atlantic

Performance

Aug 7, 2018

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 ↗