This Definitive Contract contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2024 on Nov 30, 2023 to TERRA SITE CONSTRUCTORS LLC by DOI Office of Facilities & Administrative Services (OFAS). There have been $42k in obligations to date with a ceiling value of $42k, showing a 100% 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 1 year duration with ultimate completion date of Apr 19, 2024.
TERRA SITE CONSTRUCTORS LLC is a contractor located in VA, doing primarily Facility Related Services > Facilities Repair work for Interior. The company receives $6.9M 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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