FA483015A0013 - RESCUE TRAINING
Federal Contract Award Search » BPA Award
This BPA contract for Education/Training > Human Capital was awarded in FY2015 on February 05, 2015 to VELOCITY TRAINING, LLC by 38th Rescue Squadron. There have been $2.9M in obligations to date with a ceiling value of $4M, showing a 72% burn rate so far on the contract. The contract was not competed under any preference program with 0 offers received. We expect a 5 year duration with ultimate completion date of February 04, 2020.
VELOCITY TRAINING, LLC is a contractor located in FL, doing primarily Education/Training > Human Capital work for Marine Corps. The company receives $1.8M 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.
- Contract Number
- FA483015A0013
- Contractor
- VELOCITY TRAINING, LLC
- Obligations to Date
- $2.9M
- Ceiling Value
- $4M
- Award Date
- 02/05/2015
- Contract Type
- BPA
- Buying Agency/Office
- Air Force » Air Combat Command » 15th Air Force » 23rd Wing » 347th Rescue Group » 38th Rescue Squadron
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 0001 | VELOCITY TRAINING, LLC | $199.5k | 02/26/2015 |
| 0002 | VELOCITY TRAINING, LLC | $369.5k | 05/07/2015 |
| 0003 | VELOCITY TRAINING, LLC | $365k | 06/19/2015 |
| 0004 | VELOCITY TRAINING, LLC | $74.4k | 08/19/2015 |
| 0005 | VELOCITY TRAINING, LLC | $220k | 09/01/2015 |
| 0006 | VELOCITY TRAINING, LLC | $481.7k | 12/22/2015 |
| 0007 | VELOCITY TRAINING, LLC | $491k | 02/12/2016 |
| 0008 | VELOCITY TRAINING, LLC | $69.6k | 04/13/2016 |
| 0009 | VELOCITY TRAINING, LLC | $57.7k | 05/25/2016 |
| 0010 | VELOCITY TRAINING, LLC | $72.3k | 08/04/2016 |
| 0011 | VELOCITY TRAINING, LLC | $496k | 08/16/2016 |
