86615424C00002 - TECHNOLOGY BUSINESS MANAGEMENT (TBM) IS A COST ACC...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for IT Outsourcing was awarded in FY2024 on Mar 22, 2024 to TECHNUF, LLC by Infrastructure and Operations Office. There have been $1.4M in obligations to date with a ceiling value of $2.9M, showing a 49% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 2 year duration with ultimate completion date of Mar 21, 2026.
TECHNUF, LLC is a contractor located in MD, doing primarily IT Outsourcing work for Treasury. The company receives $1.7M 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. TECHNUF, LLC is a certified 8(a) contractor through Feb 6, 2025.
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
- 86615424C00002
- Contractor
- TECHNUF, LLC
- Obligations to Date
- $1.4M
- Ceiling Value
- $2.9M
- Award Date
- 03/22/2024
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Housing and Urban Development»HUD Office of the Chief Information Officer»Infrastructure and Operations Office
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