This Definitive Contract contract for Facility Related Services > Facilities Maintenance was awarded in FY2024 on Jul 1, 2024 to INSPECT.AI LLC by Joint Base Lewis-McChord. There have been $1.4M in obligations to date with a ceiling value of $7M, showing a 20% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Jun 30, 2029.
INSPECT.AI LLC is a contractor located in WA, doing primarily Facility Related Services > Facilities Maintenance work for Army. 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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