20341523C00001 - CUSIP RENEWAL
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Printed/Published Media was awarded in FY2023 on Mar 3, 2023 to FACTSET RESEARCH SYSTEMS INC. by ODF Office of Financial Research. There have been $133.9k in obligations to date with a ceiling value of $344.5k, showing a 39% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Apr 15, 2028.
FACTSET RESEARCH SYSTEMS INC. is a contractor located in CT, doing primarily IT Outsourcing work for Treasury. The company receives $319k 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.
- Contract Number
- 20341523C00001
- Contractor
- FACTSET RESEARCH SYSTEMS INC.
- Obligations to Date
- $133.9k
- Ceiling Value
- $344.5k
- Award Date
- 03/03/2023
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Treasury»Office of Domestic Finance»ODF Office of Financial Research
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