31310024C0032 - TITLE: SYSTEMS ENGINEERING BASED ASSESSMENT APPROA...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Energy > Research and Development was awarded in FY2024 on Sep 30, 2024 to GALOIS, INC. by Nuclear Regulatory Commission (NRC). There have been $294.9k in obligations to date with a ceiling value of $727k, showing a 41% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 3 year duration with ultimate completion date of Oct 15, 2027.
GALOIS, INC. is a contractor located in OR, doing primarily Aerospace & Defense > Research and Development work for Defense. The company receives $28.5M 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
- 31310024C0032
- Contractor
- GALOIS, INC.
- Obligations to Date
- $294.9k
- Ceiling Value
- $727k
- Award Date
- 09/30/2024
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Nuclear Regulatory Commission (NRC)
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