75A50124C00024 - THE CONTRACTOR SHALL PROVIDE DEVELOPMENT AND CLINI...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Pharmaceuticals > Research and Development was awarded in FY2024 on Jun 21, 2024 to BUGSEQ INC. by Office of Biomedical Advanced Research & Development Authority. There have been $747.5k in obligations to date with a ceiling value of $747.5k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Jul 23, 2025.
BUGSEQ INC. is a contractor located in CA, doing primarily Pharmaceuticals > Research and Development work for Health and Human Services. 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
- 75A50124C00024
- Contractor
- BUGSEQ INC.
- Obligations to Date
- $747.5k
- Ceiling Value
- $747.5k
- Award Date
- 06/21/2024
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Health and Human Services»Office of the Secretary»Office of the Assistant Secretary for Preparedness and Response»Office of Biomedical Advanced Research & Development Authority
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