This Definitive Contract contract for Acquisition Support was awarded in FY2018 on Sep 26, 2018 to JSTOOGOOD LLC by Air Force Medical Readiness Agency. There have been $2M in obligations to date with a ceiling value of $3.1M, showing a 66% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 2 year duration with ultimate completion date of Mar 29, 2020.
JSTOOGOOD LLC is a contractor located in TX, doing primarily Business Admin Services work for Air Force. The company receives $8.9M 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. JSTOOGOOD LLC is a certified 8(a) contractor through Jun 18, 2025.
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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