LTC/IDIQ, Supplies

The contract involves issuing a solicitation for a long-term strategic, limited source contract focused on the supply of a specific item, Bearing, Plain, Spherical with NSN 3120-01-209-3040 and part number SB5073-103 as detailed in the referenced drawing and specifications. The procurement is planned as a firm fixed-price contract with limited competition between two identified vendors, supporting a justification and approval under FAR 6.302-1. The contract duration is set for 60 months, including one base year and four one-year option periods, structured as an indefinite-delivery/indefinite-quantity agreement in accordance with FAR 16.5. The solicitation will be released using FAR 15 procedures with best value selection criteria applied, and a single award is anticipated. This procurement is categorized under NAICS code 332991 and is planned to be posted on the Federal Business Opportunities (FBO) website around April 29, 2019. The place of performance is Richmond, Virginia, with contact information provided for the Acquisition Specialist responsible for the contract. The competitive environment is limited to two cage codes, ensuring focused competition, and the effort aligns with strategic source control initiatives to secure ongoing supply needs through a stable contracting vehicle.