This Definitive Contract contract for Science/Engineering > Professional Services was awarded in FY2016 on Sep 27, 2016 to National Academy of Sciences by FEMA National Preparedness Directorate. There have been $700k in obligations to date with a ceiling value of $700k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 3 year duration with ultimate completion date of Apr 30, 2019.
National Academy of Sciences is a contractor located in DC, doing primarily Business Admin Services work for Health and Human Services. The company receives $93.8M 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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