47QTCA20D004Q - PROVIDE ALL LABOR, SUPPLIES, EQUIPMENT, SERVICES, ...
Federal Contract Award Search » BPA Award - Multiple Award Schedule (MAS)
This BPA contract for Business Admin Services was awarded in FY2023 on Sep 22, 2023 to SIGNIFICANCE INC. by Office of Performance Management and the Chief Financial Officer. There have been $2.5M in obligations to date with a ceiling value of $30.5M, showing a 8% burn rate so far on the contract. The contract was competed under Women Owned Small Business preference program with 12 offers received.
SIGNIFICANCE INC. is a contractor located in MD, doing primarily Program Management work for Navy. The company receives $8.7M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.
Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.
- Contract Number
- 47QTCA20D004Q
- Contractor
- SIGNIFICANCE INC.
- Obligations to Date
- $2.5M
- Ceiling Value
- $30.5M
- Award Date
- 09/22/2023
- Contract Type
- BPA
- Contract Vehicle
- Multiple Award Schedule (MAS)
- Competition Set Aside Type
- Women Owned Small Business
- Buying Agency/Office
- Small Business Administration»Office of Performance Management and the Chief Financial Officer
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 89503021FWA400498 | SIGNIFICANCE INC. | $778.5k | 09/28/2021 |
| 89503022FWA400639 | SIGNIFICANCE INC. | $1.3M | 09/22/2022 |
| SP470423F0040 | SIGNIFICANCE INC. | $674.3k | 07/13/2023 |
| 95332A23F00032 | SIGNIFICANCE INC. | $405.7k | 08/17/2023 |
| 73351024F0038 | SIGNIFICANCE INC. | $455.1k | 05/10/2024 |
| 73351024F0043 | SIGNIFICANCE INC. | $758k | 05/17/2024 |
| 73351024F0065 | SIGNIFICANCE INC. | $658.1k | 07/11/2024 |
| SP470424F0057 | SIGNIFICANCE INC. | $504k | 07/15/2024 |
| 73351024F0095 | SIGNIFICANCE INC. | $638.1k | 09/13/2024 |
