This BPA contract for Education/Training > Human Capital, Training Aids & Devices was awarded in FY2019 on Jul 17, 2019 to CHARLES BERNARD VENTURES, LLC by Foreign Service Institute. There have been $120k in obligations to date with a ceiling value of $150k, showing a 80% 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 Jul 17, 2024.
CHARLES BERNARD VENTURES, LLC is a contractor located in NY, doing primarily Education/Training > Human Capital work for State. The company receives $23.9k 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.
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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BPA Call No. | Contractor | Obligations | Effective Date |
---|---|---|---|
19FS1A19S0211 | CHARLES BERNARD VENTURES, LLC | $19.2k | 07/17/2019 |
19FS1A20F7091 | CHARLES BERNARD VENTURES, LLC | $21.6k | 07/13/2020 |
19FS1A21F7061 | CHARLES BERNARD VENTURES, LLC | $24k | 07/15/2021 |
19FS1A22F0040 | CHARLES BERNARD VENTURES, LLC | $26.4k | 07/18/2022 |
19FS1A23F7074 | CHARLES BERNARD VENTURES, LLC | $28.8k | 07/18/2023 |