This BPA contract for Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2022 on October 01, 2021 to Miscellaneous Foreign Contractors by Bureau of European and Eurasian 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 1 year duration with ultimate completion date of December 30, 2022.
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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