This Definitive Contract contract for Program Management was awarded in FY2024 on Feb 29, 2024 to PETERMAN AND SONS (P&S) SOLUTIONS, LLC by Army Pacific Command. There have been $918k in obligations to date with a ceiling value of $1.4M, showing a 66% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 7 offers received. We expect a 5 year duration with ultimate completion date of Feb 28, 2029.
PETERMAN AND SONS (P&S) SOLUTIONS, LLC is a contractor located in AL, doing primarily Program Management 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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