M6700416C0005 - SECREP - ROR
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for IT Outsourcing was awarded in FY2016 on Jun 1, 2016 to Raytheon (RTX) by Marine Corps Logistics Base - Albany. There have been $246M in obligations to date with a ceiling value of $250M, showing a 98% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of May 31, 2021.
Raytheon (RTX) is a contractor located in CT, doing primarily Aerospace & Defense > Weapons & Ammunition work for Navy. The company receives $27.7B 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.
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.
- Contract Number
- M6700416C0005
- Contractor
- RAYTHEON TECHNICAL SERVICES COMPANY LLC
- Obligations to Date
- $246M
- Ceiling Value
- $250M
- Award Date
- 06/01/2016
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Marine Corps»Deputy Commandant, Installations and Logistics (I&L)»Marine Corps Logistics Command (MARCORLOGCOM)»Marine Corps Logistics Base - Albany
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