This Definitive Contract contract for International Affairs was awarded in FY2019 on Aug 15, 2019 to HANA-BAY WEST 8A JV, LLC by Seattle District. There have been $1.2M in obligations to date with a ceiling value of $2.1M, showing a 56% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 4 year duration with ultimate completion date of Apr 30, 2023.
HANA-BAY WEST 8A JV, LLC is a contractor located in VA, doing primarily International Affairs work for Army. The company receives $1.8M 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.
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