This Definitive Contract contract for Other Research & Development was awarded in FY2020 on Jul 13, 2020 to University of California by Construction Engineering Research Laboratory. There have been $170.5k in obligations to date with a ceiling value of $170.5k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 2 year duration with ultimate completion date of Jan 14, 2022.
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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