140G0218C0012 - AIRBORNE MAGNETIC AND RADIOMETRIC SURVEY COVERING ...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Real Estate Services was awarded in FY2018 on Sep 12, 2018 to TERRAQUEST LTD by USGS Office of Acquisition and Grants. There have been $285k in obligations to date with a ceiling value of $285k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 1 year duration with ultimate completion date of Sep 23, 2019.
TERRAQUEST LTD is a contractor located in ON, doing primarily Real Estate Services work for Interior. The company receives $56.8k 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.
- Contract Number
- 140G0218C0012
- Contractor
- TERRAQUEST LTD
- Obligations to Date
- $285k
- Ceiling Value
- $285k
- Award Date
- 09/12/2018
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Interior»U.S. Geological Survey (USGS)»USGS Administration and Policy Directorate»USGS Office of Administration»USGS Office of Acquisition and Grants
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