N6264915A0051 - ABRASIVE MATERIALS

This BPA contract for Hardware & Tools was awarded in FY2015 on Jul 10, 2015 to SUMITOMO HEAVY INDUSTRIES, LTD. by Fleet Logistics Center Yokosuka. There have been $356.7k in obligations to date with a ceiling value of $356.7k, 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 Jul 11, 2018.

SUMITOMO HEAVY INDUSTRIES, LTD. is a contractor located in KANAGAWA, doing primarily Aerospace & Defense > Equipment Related Services work for Navy. The company receives $74.3M 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

Navy»Naval Supply Systems Command»Fleet Logistics Center Yokosuka

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