This Definitive Contract contract for Textiles, Clothing & Personal Accessories was awarded in FY2013 on Sep 24, 2013 to Virginia Polytechnic Institute and State University by PdM Soldier Protective Equipment. There have been $450k in obligations to date with a ceiling value of $450k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 3 year duration with ultimate completion date of Sep 15, 2016.
Virginia Polytechnic Institute and State University is a contractor located in VA, doing primarily Science/Engineering > Research and Development work for Transportation. The company receives $17M 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.
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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