W912DS21C0021 - COMMERCIAL VEHICLE SECURITY ENTRY CONTROL POINT AT...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2021 on Sep 29, 2021 to RANCO CONSTRUCTION INC by New York District. There have been $9.1M in obligations to date with a ceiling value of $9.6M, showing a 95% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received. We expect a 2 year duration with ultimate completion date of Mar 21, 2023.
RANCO CONSTRUCTION INC is a contractor located in NJ, doing primarily Facility Related Services > Facilities Repair work for Air Force. The company receives $3.3M annually in federal awards (as of FY2020). 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.
- Contract Number
- W912DS21C0021
- Contractor
- RANCO CONSTRUCTION INC
- Obligations to Date
- $9.1M
- Ceiling Value
- $9.6M
- Award Date
- 09/29/2021
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Army»Army Corps of Engineers»North Atlantic Division»New York District
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