11316023A0002EOP - LEASED COMMERCIAL PARKING SPACES
Federal Contract Award Search » BPA Award
This BPA contract for Facilities Purchase & Lease was awarded in FY2023 on December 22, 2022 to LAZ PARKING LTD, LLC by Executive Office of the President. There have been $420k in obligations to date with a ceiling value of $6M, showing a 7% 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 December 30, 2027.
LAZ PARKING LTD, LLC is a contractor located in CT, doing primarily Facility Operations work for Interior. The company receives $2.8M 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.
- Contract Number
- 11316023A0002EOP
- Contractor
- LAZ PARKING LTD, LLC
- Obligations to Date
- $420k
- Ceiling Value
- $6M
- Award Date
- 12/22/2022
- Contract Type
- BPA
- Buying Agency/Office
- Executive Office of the President
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 11316023F0001NCD | LAZ PARKING LTD, LLC | $210k | 01/03/2023 |
| 11316024F0001NCD | LAZ PARKING LTD, LLC | $210k | 01/04/2024 |
