47QSSC24A0004 - OTHER THAN SCHEDULE

This BPA contract for Furniture was awarded in FY2024 on Nov 22, 2023 to ALPHA SAFE & VAULT INC by Federal Acquisition Service. There have been $1.3M in obligations to date with a ceiling value of $1.3M, 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 1 year duration with ultimate completion date of Nov 23, 2024.

ALPHA SAFE & VAULT INC is a contractor located in VA, doing primarily Furniture work for General Services Administration. The company receives $3.7M 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.

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Buying Agency/Office

General Services Administration»Federal Acquisition Service

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