This Definitive Contract contract for Business Admin Services was awarded in FY2011 on Jan 31, 2011 to SUMMITEC CORPORATION by Office of Chemical Safety and Pollution Prevention. There have been $4.5M in obligations to date with a ceiling value of $6.1M, showing a 73% 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 5 year duration with ultimate completion date of Jul 31, 2016.
SUMMITEC CORPORATION is a contractor located in TN, doing primarily International Affairs work for Environmental Protection Agency. The company receives $1.4M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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.
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