Agriculture Award | 12FPC123A0031 | BLANKET PURCHASE AGREEMENT (BPA) FOR ACTUARIAL AND UNDERWRITING EXPERT REVIEW OF POLICIES, PLANS OF INSURANCE AND RELATED MATERIAL AS REQUIRED BY THE ...

12FPC123A0031 - BLANKET PURCHASE AGREEMENT (BPA) FOR ACTUARIAL AND...

Federal Contract Award Search » BPA Award

This BPA contract for Financial services was awarded in FY2023 on Sep 18, 2023 to BARNETT, BARRY J by Actuarial and Product Design Division. There have been $24k in obligations to date with a ceiling value of $250k, showing a 10% 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 Sep 29, 2028.

BARNETT, BARRY J is a contractor located in KY, doing primarily Financial services work for Agriculture. The company receives $6.9k 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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Contract Number
12FPC123A0031
Contractor
BARNETT BARRY J
Obligations to Date
$24k
Ceiling Value
$250k
Award Date
09/18/2023
Contract Type
BPA

Buying Agency/Office
Agriculture»Risk Management Agency»Product Management»Actuarial and Product Design Division


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BPA Call History

BPA Call No. Contractor Obligations Effective Date
12FPC124F0012 BARNETT BARRY J $8k 12/01/2023
12FPC124F0057 BARNETT BARRY J $16k 03/13/2024

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