This BPA contract was awarded in FY2022 on November 08, 2021 to Miscellaneous Foreign Contractors by Bureau of Near Eastern Affairs. There have been no obligations to date with a ceiling value of $10k, showing a 0% 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 October 30, 2026.
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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