W91QVN12A0003 - CHARTER BUSES FOR USFK

This BPA contract for Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2012 on Nov 10, 2011 to NEW MYUNG JIN TRAVEL INC. by 411th Contracting Support Brigade. There have been $415.4k in obligations to date with a ceiling value of $966.7k, showing a 43% 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 Nov 29, 2016.

NEW MYUNG JIN TRAVEL INC. is a contractor located in KYONGGI, doing primarily Logistics > Transportation and Logistics Services work for Army. The company receives $64.5k 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.

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Buying Agency/Office

Army»Army Materiel Command»Army Contracting Command»411th Contracting Support Brigade

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