W91QVN16A0031 - VITROS REAGENTS SUPPLY

This BPA contract for Medical Equipment & Supplies > Medical Supplies/Equipment was awarded in FY2016 on Aug 31, 2016 to JOHNSON&JOHNSON MEDICAL KOREA LTD. by 51st Medical Group. There have been $103.8k in obligations to date with a ceiling value of $1.3M, showing a 8% 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 Aug 29, 2021.

JOHNSON&JOHNSON MEDICAL KOREA LTD. is a contractor located in SEOUL, doing primarily Medical Equipment & Supplies > Medical Supplies/Equipment work for Veterans Affairs. The company receives $13.9k 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

Air Force»Pacific Air Forces»7th Air Force»51st Fighter Wing»51st Medical Group

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