This Definitive Contract contract for Financial services was awarded in FY2022 on Jan 27, 2022 to CHICKASAW STRATEGIC POINTE, LLC by FSA Office of the Administrator. There have been $12.2M in obligations to date with a ceiling value of $21.1M, showing a 58% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Jan 30, 2027.
CHICKASAW STRATEGIC POINTE, LLC is a contractor located in OK, doing primarily IT Outsourcing work for Health and Human Services. The company receives $14.2M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio. CHICKASAW STRATEGIC POINTE, LLC is a certified 8(a) contractor through Jul 26, 2027.
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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