DTFR5315C00018 - MAINTENANCE OF THE RCAPM APPLICATION FOR THE RRI...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for IT Consulting was awarded in FY2015 on Jun 18, 2015 to BANCLAB by FRA Office of Acquisition. There have been $2M in obligations to date with a ceiling value of $2M, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 1 offer received. We expect a 9 year duration with ultimate completion date of Apr 15, 2024.
BANCLAB is a contractor located in NY, doing primarily IT Consulting work for Transportation. The company receives $528.5k 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
- DTFR5315C00018
- Contractor
- BANCLAB
- Obligations to Date
- $2M
- Ceiling Value
- $2M
- Award Date
- 06/18/2015
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Transportation»DOT Federal Railroad Administration»FRA Office of Administration»FRA Office of Acquisition
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