W91QVN13A0011 - MULTIPLE BPAS FOR THE PURCHASE OF NTVS

This BPA contract for Industrial Products & Machinery > Industrial Products & Services, Automotive Parts & Products > Sustainment S&E, Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2013 on Jun 5, 2013 to KIA MOTORS CORPORATION by 403rd Army Field Support Brigade (AFSB). There have been $4.4M in obligations to date with a ceiling value of $25M, showing a 17% 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 May 28, 2018.

KIA MOTORS CORPORATION is a contractor located in SEOUL, doing primarily Automotive Parts & Products > Transportation and Logistics Services work for Army. The company receives $32.7k 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»Army Sustainment Command»403rd Army Field Support Brigade (AFSB)

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