This BPA contract for Test & Measurement Supplies, Medical Equipment & Supplies > Medical Supplies/Equipment was awarded in FY2016 on Jul 29, 2016 to AITBIOTECH PTE. LTD. by Naval Medical Research Unit INDO PACIFIC (NAMRU-INDOPAC). There have been $104.4k in obligations to date with a ceiling value of $650k, showing a 16% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 2 year duration with ultimate completion date of Jul 30, 2018.
AITBIOTECH PTE. LTD. is a contractor doing primarily Healthcare > Research and Development work for Navy. 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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BPA Call No. | Contractor | Obligations | Effective Date |
---|---|---|---|
0001 | AITBIOTECH PTE. LTD. | $20.2k | 09/15/2016 |
0002 | AITBIOTECH PTE. LTD. | $3.9k | 09/17/2016 |
0003 | AITBIOTECH PTE. LTD. | $24.5k | 09/28/2016 |
0004 | AITBIOTECH PTE. LTD. | $52.9k | 09/29/2016 |
N4034517F0078 | AITBIOTECH PTE. LTD. | $2.8k | 04/06/2017 |