693JJ324C000010 - AWARD A CONTRACT TO IOWA STATE UNIVERSITY FOR RESE...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Transportation > Research and Development was awarded in FY2024 on Mar 17, 2024 to Iowa State University by Office of Infrastructure. There have been $114.4k in obligations to date with a ceiling value of $250k, showing a 46% burn rate so far on the contract. The contract was not competed under any preference program with 25 offers received. We expect a 2 year duration with ultimate completion date of Jul 19, 2026.
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
- 693JJ324C000010
- Obligations to Date
- $114.4k
- Ceiling Value
- $250k
- Award Date
- 03/17/2024
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Transportation»DOT Federal Highway Administration»Office of Infrastructure
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