CFP17Z00010 - FOR OTHER FUNCTIONS BLANKET PURCHASE AGREEMENT F...

This BPA contract for Human Resources was awarded in FY2017 on Aug 25, 2017 to Peninsula Mediation Center, Inc by Consumer Financial Protection Bureau. There have been $89.9k in obligations to date with a ceiling value of $89.9k, showing a 100% 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 Aug 26, 2022.

Peninsula Mediation Center, Inc is a contractor located in VA, doing primarily Education/Training > Human Capital work for Navy. The company receives $172.1k annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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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Buying Agency/Office

Consumer Financial Protection Bureau

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