This BPA contract for Test & Measurement Supplies was awarded in FY2024 on Feb 6, 2024 to SPELLMAN HIGH VOLTAGE ELECTRIC CORPORATION by 309th Maintenance Support Group. There have been no obligations to date with a ceiling value of $1,000k, showing a ~0% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of Feb 12, 2029.
SPELLMAN HIGH VOLTAGE ELECTRIC CORPORATION is a contractor located in NY, doing primarily Test & Measurement Supplies work for Navy. The company receives $214.2k 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.
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