This BPA contract for Legal services was awarded in FY2023 on May 25, 2023 to Miscellaneous Foreign Contractors by U.S. Embassy Barbados (Eastern Caribbean). There have been no obligations to date with a ceiling value of $14.9k, showing a ~0% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 2 year duration with ultimate completion date of May 23, 2025.
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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