This BPA contract for Petro-Chemical Industries > Industrial Products & Services was awarded in FY2024 on Sep 23, 2024 to NEW DAWN REAL ESTATE INVESTMENTS LLC by NPS Operations. There have been $4.5k in obligations to date with a ceiling value of $249.5k, showing a 2% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of Sep 21, 2029.
NEW DAWN REAL ESTATE INVESTMENTS LLC is a contractor located in MI, doing primarily Petro-Chemical Industries > Industrial Products & Services work for Interior. Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.
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