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693KA924D00001

Indefinite Delivery Contract

Overview

Government Description
The Federal Aviation Administration (FAA) Office of Security and Hazardous Materials Safety (ASH), Aviation Insurance Claims Program (AIC) is responsible for providing hull, comprehensive, and liability insurance. The work performed includes administration of the FAA aviation insurance program and delivery of services in accordance with service areas a through K as specified in the contract.
Awarding / Funding Agency
Pricing
Fixed Price
Set Aside
None
Extent Competed
Not Competed
Multiple / Single Award
Single Award
Who Can Use
Single Agency
Vehicle Ceiling
$530,692,605 (0% Used)
Related Opportunity
None
Analysis Notes
Place of Performance Largest percentage of work under issued task orders completed at: Washington, District of Columbia 20591 United States.
Sole Source This IDC was awarded sole source to Global Aerospace because the government believes that only one company can provide the product / service (FAR 6.302-1).
Subcontracting Plan This IDC has an Individual Subcontract Plan. The Department of Transportation has an overall 2023 small business subcontracting goal of 43%
Global Aerospace was awarded Indefinite Delivery Contract 693KA924D00001 (693KA9-24-D-00001) by FAA Headquarters for FAA Aviation Insurance Claims Program (AIC) in May 2024. The IDC has a duration of 11 years and was awarded full & open with NAICS 524291 and PSC G008 via sole source acquisition procedures with 1 bid received. To date, $100,220 has been obligated through this vehicle with a potential value of all existing task orders of $52,868,754. The total ceiling is $530,692,605, of which 0% has been used. As of today, the IDC has a total reported backlog of $52,768,534.

Status
(Open)

Modified 4/24/26
Period of Performance
5/12/24
Start Date
5/31/35
Ordering Period End Date
19.0% Complete

Task Order Obligations and Backlog
$100.2K
Total Obligated
$100.2K
Current Award
$52.9M
Potential Award
0% Funded
$0.0
Funded Backlog
$52.8M
Total Backlog

Award Hierarchy

Indefinite Delivery Contract

693KA924D00001

Contracts

-

Subcontracts

-

Federal Award Analysis

Historical federal task order obligations under 693KA924D00001

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Contracts

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Subcontracts

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Grants

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Subgrants

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Total

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Contract Awards

Prime task orders awarded under 693KA924D00001

Subcontract Awards

Disclosed subcontracts for 693KA924D00001

Transaction History

Modifications to 693KA924D00001

People

Suggested agency contacts for 693KA924D00001

Competition

Number of Bidders
1
Solicitation Procedures
Sole Source
Other Than Full and Open Competition
Only One Source - Other
Evaluated Preference
None
Commercial Item Acquisition
Commercial Item
Simplified Procedures for Commercial Items
No

Other Categorizations

Subcontracting Plan
Individual Subcontract Plan
Cost Accounting Standards
Exempt
Business Size Determination
Large Business
Awardee UEI
KG2LKYC1AL91
Awardee CAGE
6NPB7
Agency Detail
Awarding Office
693KA9 693KA9 CONTRACTING FOR SERVICES
Funding Office
693JG2 FAA
Created By
elisa.brown@faa.gov
Last Modified By
elisa.brown@faa.gov
Approved By
elisa.brown@faa.gov

Legislative

Legislative Mandates
None Applicable
Awardee District
NJ-11
Senators
Robert Menendez
Cory Booker
Representative
Mikie Sherrill
Last Modified: 4/24/26