This BPA contract for Business Admin Services was awarded in FY2024 on Jun 17, 2024 to VAAS PROFESSIONALS LLC by Millennium Challenge Corporation. There have been no obligations to date with a ceiling value of $7.5M, showing a ~0% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of Jun 17, 2029.
VAAS PROFESSIONALS LLC is a contractor located in GA, doing primarily Business Admin Services work for Health and Human Services. The company receives $1.9M 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.
Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.
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