Basic IDIQ began in 2002, as an operating division of Basic Industries, Inc., an XServ Company. The division was formed with a defined plan of promoting, implementing and executing Indefinite Delivery Indefinite Quantity (IDIQ) contracts for large facility owners such as the Federal Government, Universities, Cities and other Municipalities.

Around the nation, public institutions are discovering that the use of IDIQ contracts are the best procurement method to clear their mounting backlog of maintenance, repair, minor new construction and renovation projects. An owner can issue a multi-year, fixed price construction services contract with an indefinite delivery time and an indefinite quantity of work. In effect, it allows an owner to put a contractor on-call to make their facility team more effective. Basic Industries, Inc., recognized the value of IDIQ contracting for facility owners.

Over the past 5 years, Basic IDIQ has procurred 7 multi-year IDIQ contracts and continues to perform work under each contract still today. In 2007, Xserv Inc., was acquired by the Brock Group creating one of the largest Industrial Maintenance companies in the United States . This transaction also created an opportunity for Basic IDIQ management to initiate a buyout from the Brock Group. In July 2007, a sole purpose corporation, Basic IDIQ, Inc., was formed to begin a two year transition plan for Basic IDIQ, Inc., to become an employee owned and managed company.