47QFDA20A0037 - APPLICATION OPERATIONS AND MAINTENANCE FOR HUD OCI...
Federal Contract Award Search » BPA Award
This BPA contract for IT Outsourcing was awarded in FY2020 on Sep 1, 2020 to Pyramid Systems, Inc. by Housing and Urban Development. There have been $114M in obligations to date with a ceiling value of $114M, showing a 100% 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 Aug 31, 2025.
Pyramid Systems, Inc. is a contractor located in VA, doing primarily IT Outsourcing work for Housing and Urban Development. The company receives $46.6M 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
- 47QFDA20A0037
- Contractor
- PYRAMID SYSTEMS, INC.
- Obligations to Date
- $114M
- Ceiling Value
- $114M
- Award Date
- 09/01/2020
- Contract Type
- BPA
- Buying Agency/Office
- Housing and Urban Development
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 47QFDA20F0097 | PYRAMID SYSTEMS, INC. | $33.3M | 09/30/2020 |
| 47QFDA21F0008 | PYRAMID SYSTEMS, INC. | $76.7M | 11/25/2020 |
| 47QFDA25F0003 | PYRAMID SYSTEMS, INC. | $4.1M | 11/20/2024 |
