140G0221C0002 - RESEARCH FLUME
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Test & Measurement Supplies was awarded in FY2021 on Mar 26, 2021 to REGENTS OF THE UNIVERSITY OF MINNESOTA by USGS Office of Acquisition and Grants. There have been $792.7k in obligations to date with a ceiling value of $792.7k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 2 year duration with ultimate completion date of Jun 30, 2023.
REGENTS OF THE UNIVERSITY OF MINNESOTA is a contractor located in MN, doing primarily Pharmaceuticals > Research and Development work for Health and Human Services. The company receives $21.3M 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
- 140G0221C0002
- Contractor
- REGENTS OF THE UNIVERSITY OF MINNESOTA
- Obligations to Date
- $792.7k
- Ceiling Value
- $792.7k
- Award Date
- 03/26/2021
- 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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