This Definitive Contract contract for Electrical & Electronics Equipment > Electronic & Communication Services was awarded in FY2024 on May 1, 2024 to CONDUIT SPACE RECOVERY SYSTEMS LLC by 90th Communications Squadron. There have been $664k in obligations to date with a ceiling value of $664k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received.
CONDUIT SPACE RECOVERY SYSTEMS LLC is a contractor located in OH, doing primarily Electrical & Electronics Equipment > Electronic & Communication Services work for Air Force. 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.
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