693JJ321C000039 - BUSINESS PLAN FOR A BRIDGE POST-TENSIONING (PT) LA...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Transportation > Research and Development was awarded in FY2021 on Sep 30, 2021 to University of Texas System by FHWA Office of Operations. There have been $402.2k in obligations to date with a ceiling value of $1.4M, showing a 30% burn rate so far on the contract. The contract was not competed under any preference program with 66 offers received. We expect a 5 year duration with ultimate completion date of Sep 29, 2026.
University of Texas System is a contractor located in TX, doing primarily Aerospace & Defense > Research and Development work for Navy. The company receives $197M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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
- 693JJ321C000039
- Contractor
- UNIVERSITY OF TEXAS AT AUSTIN
- Obligations to Date
- $402.2k
- Ceiling Value
- $1.4M
- Award Date
- 09/30/2021
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Transportation»DOT Federal Highway Administration»FHWA Office of Operations
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