This Definitive Contract contract for Science/Engineering > Research and Development was awarded in FY2023 on Oct 12, 2022 to TRIANGLE ENVIRONMENTAL HEALTH INITIATIVE LLC by Office of Research and Development. There have been $500k in obligations to date with a ceiling value of $500k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 27 offers received. We expect a 3 year duration with ultimate completion date of Oct 20, 2025.
TRIANGLE ENVIRONMENTAL HEALTH INITIATIVE LLC is a contractor located in NC, doing primarily Science/Engineering > Research and Development work for Environmental Protection Agency. The company receives $643k 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.
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