N0018911A0114 - NAVY FURNITURE BPA

This BPA contract for Office Products & Services, Furniture, IT Hardware was awarded in FY2011 on Apr 16, 2011 to MODERN BUSINESS EQUIPMENT, INC. by Fleet Logistics Center Norfolk. There have been $1.1M in obligations to date with a ceiling value of $1.1M, 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 6 year duration with ultimate completion date of Sep 29, 2017.

MODERN BUSINESS EQUIPMENT, INC. is a contractor located in GA, doing primarily Furniture work for Air Force. The company receives $72.6k 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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Buying Agency/Office

Navy»Naval Supply Systems Command»Fleet Logistics Center Norfolk

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