80HQTR19C0018 - ISRU-DERIVED WATER PURIFICATION AND HYDROGEN OX...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Science/Engineering > Research and Development was awarded in FY2019 on May 6, 2019 to Paragon Space Development Corporation by Office of the Administrator. There have been $1.5M in obligations to date with a ceiling value of $1.5M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 52 offers received. We expect a 5 year duration with ultimate completion date of Feb 16, 2024.
Paragon Space Development Corporation is a contractor located in AZ, doing primarily Aerospace & Defense > Research and Development work for National Aeronautics and Space Administration. The company receives $6.6M 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
- 80HQTR19C0018
- Contractor
- PARAGON SPACE DEVELOPMENT CORPORATION
- Obligations to Date
- $1.5M
- Ceiling Value
- $1.5M
- Award Date
- 05/06/2019
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- National Aeronautics and Space Administration»Office of the Administrator
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