This Definitive Contract contract for Business Admin Services was awarded in FY2022 on Aug 16, 2022 to HATALOM CORPORATION by Fort Jackson. There have been $1M in obligations to date with a ceiling value of $1M, showing a 100% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 3 offers received. We expect a 3 year duration with ultimate completion date of May 16, 2025.
HATALOM CORPORATION is a contractor located in FL, doing primarily Training Aids & Devices work for Marine Corps. Also, they have shown success winning IDC 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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