This Definitive Contract contract for Fire & Safety Equipment > Safety Equipment was awarded in FY2024 on Sep 26, 2024 to CASCADE FIRE EQUIPMENT COMPANY by USDA FS Pacific Southwest Region (Region 5). There have been $23.9k in obligations to date with a ceiling value of $1.5M, showing a 2% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received. We expect a 5 year duration with ultimate completion date of Oct 31, 2029.
CASCADE FIRE EQUIPMENT COMPANY is a contractor located in OR, doing primarily Fire & Safety Equipment > Safety Equipment work for Agriculture. The company receives $1.1M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Definitive contracts are single award contracts which usually result from publicly advertised Federal procurements. Historically, definitive contracts represented the most common pathway for the Federal Government to enter into agreements with contractors operating in the Federal market. With few exceptions, definitive contracts all the Federal Government purchase nearly every type of commodity, technology, or service. A known quantity or deliverable is a critical attribute of definitive contracts.
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