28321324AC0840001 - BLANKET PURCHASE AGREEMENT FOR REGIONAL MEDICAL CO...
Federal Contract Award Search » BPA Award
This BPA contract for Healthcare > Medical Practitioners was awarded in FY2024 on February 14, 2024 to LOTUS USA, INC. by DCBFM Office of Acquisition and Grants. There have been $18.3k in obligations to date with a ceiling value of $1.9M, showing a 1% 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 February 27, 2029.
LOTUS USA, INC. is a contractor located in CA, doing primarily Test & Measurement Supplies work for Air Force. The company receives $1.8M 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.
- Contract Number
- 28321324AC0840001
- Contractor
- LOTUS USA INC
- Obligations to Date
- $18.3k
- Ceiling Value
- $1.9M
- Award Date
- 02/14/2024
- Contract Type
- BPA
- Buying Agency/Office
- Social Security Administration » SSA Deputy Commissioner, Budget, Finance, and Management (DCBFM) » DCBFM Office of Acquisition and Grants
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 28321324FAC081028 | LOTUS USA INC | $18.3k | 03/12/2024 |
