This Definitive Contract contract for Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2008 on Sep 26, 2008 to VANTAGE VEHICLE INTERNATIONAL, INC. by 20th Logistics Readiness Squadron. There have been no obligations to date with a ceiling value of $10k, showing a ~0% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received. We expect a 1 year duration with ultimate completion date of Mar 8, 2009.
VANTAGE VEHICLE INTERNATIONAL, INC. is a contractor located in CA, doing primarily Construction Related Equipment > Facilities & Construction work for Defense. The company receives $842.7k 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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