72016720C00002 - THE GOAL OF THIS ACTIVITY IS A MORE RESPONSIVE JUS...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Business Admin Services was awarded in FY2020 on Aug 11, 2020 to Chemonics by Bureau for Europe and Eurasia. There have been $11.5M in obligations to date with a ceiling value of $11.5M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 6 offers received. We expect a 5 year duration with ultimate completion date of Aug 12, 2025.
Chemonics is a contractor located in DC, doing primarily Science/Engineering > Professional Services work for United States Agency for International Development. The company receives $2.2B 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
- 72016720C00002
- Contractor
- CHEMONICS INTERNATIONAL, INC.
- Obligations to Date
- $11.5M
- Ceiling Value
- $11.5M
- Award Date
- 08/11/2020
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- United States Agency for International Development»Bureau for Europe and Eurasia
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