NGA Increases GEOINT Economic Indicator Monitoring IDIQ Ceiling to $60M

The National Geospatial-Intelligence Agency has increased the potential maximum value of an indefinite-delivery/indefinite-quantity contract being used to procure commercial GEOINT products and services from five vendors that offer insights into global economic trends and events.

The Economic Indicator Monitoring contract ceiling was raised by $30.1 million to $60 million for the contractor pool selected in August 2021, according to a notice posted on SAM.gov.

Axim Geospatial (formerly Continental Mapping Consultants), BAE Systems, Ball Aerospace, BlackSky Holdings (NYSE: BKSY) and Royce Geospatial Consultants hold positions on the five-year EIM contract to apply artificial intelligence, machine learning, computer vision detection and analytics services to examine economic challenges in GEOINT.

NGA modified the ceiling value to align with the agency’s timeline for a follow-on procurement late next year and in anticipation of potential fiscal year 2023 budget increases in Congress for commercial GEOINT and the EIM program.

The agency issued the bilateral modification in accordance with Federal Acquisition Regulations.

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