Treasury Award | 2031ZA17C00104 | IBDA MEMBERSHIP

2031ZA17C00104 - IBDA MEMBERSHIP

Federal Contract Award Search » Definitive Contract Award

This Definitive Contract contract for Business Admin Services was awarded in FY2017 on Jul 11, 2017 to THE INTERNATIONAL BANKNOTE DESIGNERS ASSOCIATION by BEP External Relations. There have been $11.3k in obligations to date with a ceiling value of $11.3k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Jul 10, 2018.

THE INTERNATIONAL BANKNOTE DESIGNERS ASSOCIATION is a contractor doing primarily IT Software work for Treasury. The company receives $11.3k 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.

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Contract Number
2031ZA17C00104
Obligations to Date
$11.3k
Ceiling Value
$11.3k
Award Date
07/11/2017
Contract Type
Definitive Contract
Competition Set Aside Type
No set aside used

Buying Agency/Office
Treasury»Bureau of Engraving and Printing»BEP External Relations


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