1605C222C0024 - SUBJECT MATTER EXPERT AND COMMUNICATION SUPPORT SE...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Business Admin Services was awarded in FY2022 on Sep 27, 2022 to PROPERTY & ENVIRONMENTAL MANAGEMENT, INC. by DOL Bureau of International Labor Affairs (ILAB). There have been $275k in obligations to date with a ceiling value of $3.8M, showing a 7% 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 Sep 22, 2027.
PROPERTY & ENVIRONMENTAL MANAGEMENT, INC. is a contractor located in OH, doing primarily Facility Related Services > Facilities Maintenance work for State. The company receives $5.7M 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. PROPERTY & ENVIRONMENTAL MANAGEMENT, INC. is a certified 8(a) contractor through Oct 4, 2025.
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
- 1605C222C0024
- Contractor
- PROPERTY & ENVIRONMENTAL MANAGEMENT INC
- Obligations to Date
- $275k
- Ceiling Value
- $3.8M
- Award Date
- 09/27/2022
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Labor»DOL Bureau of International Labor Affairs (ILAB)
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