This Definitive Contract contract for IT Consulting was awarded in FY2006 on Oct 1, 2005 to ENGINEERING MANAGEMENT AND INT by DFAS Contract Services Directorate. There have been $2.4M in obligations to date with a ceiling value of $2.4M, showing a 100% 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 4 year duration with ultimate completion date of Apr 30, 2009.
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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