12645S18A0025 - RMA FCIC EXPERT BOARD REVIEW BLANKET PURCHASE AGRE...
Federal Contract Award Search » BPA Award
This BPA contract for Financial services was awarded in FY2018 on September 25, 2018 to CDV 505, INC. by Risk Management Agency. There have been $73.4k in obligations to date with a ceiling value of $625k, showing a 12% 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 September 29, 2023.
CDV 505, INC. is a contractor located in FL, doing primarily Financial services work for Agriculture. The company receives $26k 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
- 12645S18A0025
- Contractor
- CDV 505, INC.
- Obligations to Date
- $73.4k
- Ceiling Value
- $625k
- Award Date
- 09/25/2018
- Contract Type
- BPA
- Buying Agency/Office
- Agriculture » Risk Management Agency
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 12FPC319F0007 | CDV 505, INC. | $10.4k | 11/28/2018 |
| 12FPC319F0126 | CDV 505, INC. | $10.4k | 06/19/2019 |
| 12FPC319F0218 | CDV 505, INC. | $10.4k | 08/26/2019 |
| 12FPC319F0240 | CDV 505, INC. | $5.2k | 08/28/2019 |
| 12FPC320F0060 | CDV 505, INC. | $10.4k | 03/21/2020 |
| 12FPC120F0478 | CDV 505, INC. | $15.6k | 09/10/2020 |
| 12FPC121F0017 | CDV 505, INC. | $5.5k | 12/08/2020 |
| 12FPC121F0159 | CDV 505, INC. | $5.5k | 07/28/2021 |
