This BPA contract for Business Admin Services was awarded in FY2023 on November 18, 2022 to BRECK INC. by Bureau of Economic Analysis. There have been no obligations to date with a ceiling value of $3M, showing a 0% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 14 offers received.
BRECK INC. is a contractor located in VA, doing primarily Business Admin Services work for Homeland Security. The company receives $3.9M 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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