70T02024C7668N002 - SUPPORT SERVICES FOR SUITABILITY AND CLEARANCE PRO...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Business Admin Services was awarded in FY2024 on May 10, 2024 to POTOMAC MANAGEMENT SOLUTIONS, LLC by TSA Office of Security and Administrative Services (SAS). There have been $1.5M in obligations to date with a ceiling value of $4.5M, showing a 33% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 3 year duration with ultimate completion date of Jun 9, 2027.
POTOMAC MANAGEMENT SOLUTIONS, LLC is a contractor located in VA, doing primarily Business Admin Services work for Homeland Security (DHS). The company receives $333.2k 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.
- Contract Number
- 70T02024C7668N002
- Contractor
- POTOMAC MANAGEMENT SOLUTIONS LLC
- Obligations to Date
- $1.5M
- Ceiling Value
- $4.5M
- Award Date
- 05/10/2024
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Homeland Security (DHS)»DHS Transportation Security Administration (TSA)»TSA Enterprise Support Directorate»TSA Office of Security and Administrative Services (SAS)
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