W912EQ20A0004 - FEUL/OIL SUPPLIES
Federal Contract Award Search » BPA Award
This BPA contract for Petro-Chemical Industries > Transportation and Logistics Services, Petro-Chemical Industries > Industrial Products & Services was awarded in FY2020 on Mar 7, 2020 to BEST-WADE PETROLEUM, INC. by Memphis District. There have been $306.8k in obligations to date with a ceiling value of $1.5M, showing a 20% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of Mar 7, 2025.
BEST-WADE PETROLEUM, INC. is a contractor located in TN, doing primarily Petro-Chemical Industries > Industrial Products & Services work for Army. The company receives $76k annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.
- Contract Number
- W912EQ20A0004
- Contractor
- BEST-WADE PETROLEUM, INC.
- Obligations to Date
- $306.8k
- Ceiling Value
- $1.5M
- Award Date
- 03/07/2020
- Contract Type
- BPA
- Buying Agency/Office
- Army»Army Corps of Engineers»Mississippi Valley Division»Memphis District
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| W912EQ20F0028 | BEST-WADE PETROLEUM, INC. | $4.2k | 03/28/2020 |
| W912EQ20F0043 | BEST-WADE PETROLEUM, INC. | $12.9k | 04/29/2020 |
| W912EQ20F0062 | BEST-WADE PETROLEUM, INC. | $47.6k | 06/05/2020 |
| W912EQ20F0071 | BEST-WADE PETROLEUM, INC. | $10k | 07/01/2020 |
| W912EQ21F0023 | BEST-WADE PETROLEUM, INC. | $11.1k | 01/28/2021 |
| W912EQ21F0049 | BEST-WADE PETROLEUM, INC. | $10.5k | 04/09/2021 |
| W912EQ22F0026 | BEST-WADE PETROLEUM, INC. | $3k | 03/17/2022 |
| W912EQ23F0002 | BEST-WADE PETROLEUM, INC. | $27.5k | 12/16/2022 |
| W912EQ23F0017 | BEST-WADE PETROLEUM, INC. | $45k | 04/10/2023 |
| W912EQ23F0018 | BEST-WADE PETROLEUM, INC. | $45k | 04/11/2023 |
| W912EQ24F0022 | BEST-WADE PETROLEUM, INC. | $45k | 03/12/2024 |
| W912EQ24F0026 | BEST-WADE PETROLEUM, INC. | $45k | 03/15/2024 |
