This Definitive Contract contract for Fire & Safety Equipment > Equipment Related Services was awarded in FY2022 on Mar 16, 2022 to WRG FIRE TRAINING SIMULATION SYSTEMS, INC. by 775th Civil Engineering Squadron (775 CES). There have been $31k in obligations to date with a ceiling value of $54.1k, showing a 57% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Mar 31, 2027.
WRG FIRE TRAINING SIMULATION SYSTEMS, INC. is a contractor located in OR, doing primarily Education/Training > Human Capital work for Navy. 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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