86614624C00004 - HOUSING INSECURITY RESEARCH SUPPORT FOR THE AHS
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Business Admin Services was awarded in FY2024 on Sep 29, 2024 to OPTIMAL SOLUTIONS GROUP, L.L.C. by Policy Development and Research. There have been $466.6k in obligations to date with a ceiling value of $799k, showing a 58% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received. We expect a 2 year duration with ultimate completion date of Sep 29, 2026.
OPTIMAL SOLUTIONS GROUP, L.L.C. is a contractor located in MD, doing primarily Education/Training > Research and Development work for Education. The company receives $2.8M 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
- 86614624C00004
- Contractor
- OPTIMAL SOLUTIONS GROUP, L.L.C
- Obligations to Date
- $466.6k
- Ceiling Value
- $799k
- Award Date
- 09/29/2024
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Housing and Urban Development»Policy Development and Research
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