GS07F225CA - THIS BLANKET PURCHASE AGREEMENT (BPA) WILL ENABLE ...

This BPA contract for Facility/Physical Security > Security and Protection was awarded in FY2024 on Aug 28, 2024 to TYCO INTEGRATED SECURITY LLC by OCC Office of Management / CFO. There have been no obligations to date with a ceiling value of $15M, showing a ~0% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received.

TYCO INTEGRATED SECURITY LLC is a contractor located in VA, doing primarily Facility/Physical Security > Security and Protection work for Homeland Security (DHS). The company receives $57.9M 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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Buying Agency/Office

Treasury»Office of the Comptroller of the Currency»OCC Office of Management / CFO

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