FA520920C0018 - ARMY RESEARCH AND DEVELOPMENT - DEVELOPMENT OF ION...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Other Research & Development was awarded in FY2020 on Jun 17, 2020 to POHANG UNIVERSITY OF SCIENCE AND TECHNOLOGY by DEVCOM Pacific. There have been $299.7k in obligations to date with a ceiling value of $299.7k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 3 year duration with ultimate completion date of Jun 30, 2023.
POHANG UNIVERSITY OF SCIENCE AND TECHNOLOGY is a contractor doing primarily Other Research & Development work for Army. The company receives $99.9k 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
- FA520920C0018
- Contractor
- POHANG UNIVERSITY OF SCIENCE AND TECHNOLOGY
- Obligations to Date
- $299.7k
- Ceiling Value
- $299.7k
- Award Date
- 06/17/2020
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Army»Army Futures Command»Combat Capabilities Development Command»DEVCOM Pacific
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