W91QVN17A0024 - RENTAL OF VEHICLES

This BPA contract for Passenger Travel, Automotive Parts & Products > Transportation and Logistics Services 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.

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Buying Agency/Office

Army»Army Pacific Command»Eighth Army»175th Financial Management Center

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