This Other Transaction Agreement contract was awarded in FY2021 on Mar 26, 2021 to University of Southern California by Defense Advanced Research Projects Agency. There have been $250k in obligations to date with a ceiling value of $1,000k, showing a 25% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 1 year duration with ultimate completion date of Oct 9, 2022.
University of Southern California is a contractor located in CA, doing primarily Aerospace & Defense > Research and Development work for Defense. The company receives $69.5M 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.
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