2031ZA24A00021 - BLANKET PURCHASE AGREEMENT (BPA) FOR FINZER RECOVE...
Federal Contract Award Search » BPA Award
This BPA contract for Construction Related Equipment > Industrial Products & Services was awarded in FY2024 on Aug 7, 2024 to FINZER HOLDING LLC by Office of the Chief Procurement Officer. There have been $52.8k in obligations to date with a ceiling value of $1.6M, showing a 3% 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 31, 2029.
FINZER HOLDING LLC is a contractor located in IL, doing primarily Construction Related Equipment > Industrial Products & Services work for Treasury. The company receives $126.7k 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.
- Contract Number
- 2031ZA24A00021
- Contractor
- FINZER ROLLER INC
- Obligations to Date
- $52.8k
- Ceiling Value
- $1.6M
- Award Date
- 08/07/2024
- Contract Type
- BPA
- Buying Agency/Office
- Treasury»Bureau of Engraving and Printing»BEP Chief Financial Officer»Office of the Chief Procurement Officer
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 2031ZA24F00603 | FINZER ROLLER INC | $52.8k | 09/11/2024 |
| 2031ZA24F00622 | FINZER ROLLER INC | $52.8k | 09/15/2024 |
