NETCENTS Contract Ceiling raised to $9.95B
The Air Force has announced an extension and ceiling increase for the eight year old NETCENTS contract. “Based on the current release schedule of the NETCENTS II IDIQs and the trend analysis, an increase of $950M is required. The Air Force intends to increase the ID/IQ contract ceiling to $9.95B and extending the ordering period to a period of approximately six months, commencing on 10 September 2012 and ending on 29 March 2013 for the eight NETCENTS contracts.”
The performance period of task orders written against these ID/IQ contracts may go beyond the ordering period for a maximum of two years, ending on 28 March 2015.
Link to FBO Announcement