95170024C0361 - OCIO BUSINESS SUPPORT SERVICES
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Business Admin Services was awarded in FY2024 on Sep 25, 2024 to CAPITAL AXIS SOLUTIONS LLC by USAGM Office of Technology, Services and Innovation. There have been $180k in obligations to date with a ceiling value of $974.9k, showing a 18% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Sep 26, 2029.
CAPITAL AXIS SOLUTIONS LLC is a contractor located in MD, doing primarily Business Admin Services work for U.S. Agency for Global Media. 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
- 95170024C0361
- Contractor
- CAPITAL AXIS SOLUTIONS LLC
- Obligations to Date
- $180k
- Ceiling Value
- $974.9k
- Award Date
- 09/25/2024
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- U.S. Agency for Global Media»USAGM Office of Technology, Services and Innovation
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