W56HZV18AJ024 - VARIOUS PARTS

This BPA contract for Automotive Parts & Products > Sustainment S&E, Construction Related Materials > Facilities & Construction 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.

Read the full report

Buying Agency/Office

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

Read the full report