W91QVN17A0024 - RENTAL OF VEHICLES

This BPA contract for Automotive Parts & Products > Transportation and Logistics Services, Passenger Travel was awarded in FY2017 on Mar 28, 2017 to KOREA FIRST-A-CAR CO.,LTD by 175th Financial Management Center. There have been $942.8k in obligations to date with a ceiling value of $942.8k, 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 5 year duration with ultimate completion date of Mar 30, 2022.

KOREA FIRST-A-CAR CO.,LTD is a contractor located in SEOUL, doing primarily Automotive Parts & Products > Transportation and Logistics Services work for Army. The company receives $293.3k 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 Pacific Command»Eighth Army»175th Financial Management Center

Read the full report