W56HZV18AJ024 - VARIOUS PARTS

This BPA contract for Construction Related Materials > Facilities & Construction, Automotive Parts & Products > Sustainment S&E was awarded in FY2018 on Sep 20, 2018 to Integrated Procurement Technologies, Inc by Tank-Automotive and Armaments Command. There have been $6.6M in obligations to date with a ceiling value of $6.6M, 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 3 year duration with ultimate completion date of Sep 30, 2021.

Integrated Procurement Technologies, Inc is a contractor located in OH, doing primarily Aerospace & Defense > Sustainment S&E work for Defense. The company receives $45.8M 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.

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Buying Agency/Office

Army»Army Materiel Command»Tank-Automotive and Armaments Command

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