2031ZA22A00001 - PRESCRIPTION SAFETY GLASSES FOR DCF | Federal Compass

2031ZA22A00001 - PRESCRIPTION SAFETY GLASSES FOR DCF

Federal Contract Award Search » BPA Award

This BPA contract for Healthcare > Medical Practitioners, Textiles, Clothing & Personal Accessories was awarded in FY2022 on October 01, 2021 to HI TECH OPTICAL INC by Bureau of Engraving and Printing. There have been $40k in obligations to date with a ceiling value of $100k, showing a 40% 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 September 29, 2026.

HI-TECH OPTICAL, INC. is a contractor located in MI, doing primarily Medical Equipment & Supplies > Medical Supplies/Equipment work for Health and Human Services. The company receives $110.8k 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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Contract Number
2031ZA22A00001
Obligations to Date
$40k
Ceiling Value
$100k
Award Date
10/01/2021
Contract Type
BPA

Buying Agency/Office
Treasury » Bureau of Engraving and Printing


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BPA Call History

BPA Call No. Contractor Obligations Effective Date
2031ZA22F00022 HI-TECH OPTICAL, INC. $20k 10/14/2021
2031ZA24F00004 HI-TECH OPTICAL, INC. $0k 10/01/2023
2031ZA24F00074 HI-TECH OPTICAL, INC. $20k 11/14/2023

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