19AQMM23C0132 - VIRTUAL REALITY EQUIPMENT TRAINING
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Training Aids & Devices was awarded in FY2023 on Sep 30, 2023 to AUGMENTED TRAINING SYSTEMS INC by DOS Bureau of Medical Services. There have been $468k in obligations to date with a ceiling value of $1.4M, showing a 34% burn rate so far on the contract. The contract was not competed under any preference program with 7 offers received. We expect a 5 year duration with ultimate completion date of Sep 29, 2028.
AUGMENTED TRAINING SYSTEMS INC is a contractor located in TX, doing primarily Training Aids & Devices work for State. The company receives $50k 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
- 19AQMM23C0132
- Contractor
- AUGMENTED TRAINING SYSTEMS INC
- Obligations to Date
- $468k
- Ceiling Value
- $1.4M
- Award Date
- 09/30/2023
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- State»DOS Management»DOS Bureau of Medical Services
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