W90VN924A0004 - WOODEN FURNITURE REPAIR, DPW, USAG-DAEGU, AREA IV
Federal Contract Award Search » BPA Award
This BPA contract for Furniture was awarded in FY2024 on Feb 20, 2024 to HAL LYM FURNITURE INDUSTRIAL CO., LTD. by USAG Daegu. There have been no obligations to date with a ceiling value of $252k, showing a ~0% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 3 year duration with ultimate completion date of Dec 30, 2027.
HAL LYM FURNITURE INDUSTRIAL CO., LTD. is a contractor doing primarily Furniture work for Air Force. The company receives $792.9k 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
- W90VN924A0004
- Contractor
- HALLYM FURNITURE INDUSTRIAL CO.,LTD
- Obligations to Date
- $0.00
- Ceiling Value
- $252k
- Award Date
- 02/20/2024
- Contract Type
- BPA
- Buying Agency/Office
- Army»Army Materiel Command»Army Installation Management Command (IMCOM)»Pacific Region»USAG Daegu
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