80LARC20C0011 - TIPPING POINT TECHNOLOGIES CRYOGENIC PROPELLANT PR...

This Definitive Contract contract for Aerospace & Defense > Research and Development was awarded in FY2020 on Apr 30, 2020 to Space Exploration Technologies Corp by Langley Research Center. There have been $2.8M in obligations to date with a ceiling value of $2.8M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 79 offers received. We expect a 1 year duration with ultimate completion date of Oct 29, 2021.

Space Exploration Technologies Corp is a contractor located in CA, doing primarily Logistics > Transportation and Logistics Services work for National Aeronautics and Space Administration. The company receives $1.2B 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.

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Buying Agency/Office

National Aeronautics and Space Administration»Langley Research Center

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