N0017323C2008 - RESEARCH AND DEVELOPMENT- BAA AWARD
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Science/Engineering > Research and Development was awarded in FY2023 on Mar 23, 2023 to THE UNIVERSITY OF AKRON by Naval Research Laboratory (NRL). There have been $260k in obligations to date with a ceiling value of $448.9k, showing a 58% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Dec 31, 2024.
THE UNIVERSITY OF AKRON is a contractor located in OH, doing primarily Science/Engineering > Research and Development work for National Aeronautics and Space Administration. The company receives $242.2k 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
- N0017323C2008
- Contractor
- THE UNIVERSITY OF AKRON
- Obligations to Date
- $260k
- Ceiling Value
- $448.9k
- Award Date
- 03/23/2023
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Navy»Office of Naval Research»Naval Research Laboratory (NRL)
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