W519TC23A0003 - THIS BPA PROCURES MAINTENANCE AND REPAIRS ON WATER...
Federal Contract Award Search » BPA Award
This BPA contract for Business Admin Services was awarded in FY2023 on August 08, 2023 to CAPE FEAR BOAT WORKS, INC. by Military Surface Deployment and Distribution Command. There have been $39.5k in obligations to date with a ceiling value of $330k, showing a 12% 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 August 08, 2024.
CAPE FEAR BOAT WORKS, INC. is a contractor located in NC, doing primarily Industrial Products & Machinery > Industrial Products & Services work for Army. The company receives $159.8k 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.
Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.
- Contract Number
- W519TC23A0003
- Contractor
- CAPE FEAR BOAT WORKS, INC.
- Obligations to Date
- $39.5k
- Ceiling Value
- $330k
- Award Date
- 08/08/2023
- Contract Type
- BPA
- Buying Agency/Office
- Army » Army Materiel Command » Military Surface Deployment and Distribution Command
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| W519TC23F0453 | CAPE FEAR BOAT WORKS, INC. | $13.5k | 08/30/2023 |
| W519TC24F0007 | CAPE FEAR BOAT WORKS, INC. | $26k | 10/24/2023 |
