This Definitive Contract contract for Passenger Travel was awarded in FY2015 on Jan 15, 2015 to GAETA SHIP SUPPLY SRL by MSC CIVMAR Management (N12). There have been $705k in obligations to date with a ceiling value of $825.7k, showing a 85% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received.
GAETA SHIP SUPPLY SRL is a contractor doing primarily Facility Related Materials work for Navy. The company receives $929.6k 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.
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