20342319A00006 - TRANSFER ACTION

This BPA contract for Human Resources, Business Admin Services was awarded in FY2019 on Jun 6, 2019 to Rividium Inc. by Armed Forces Retirement Home. There have been $2.3M in obligations to date with a ceiling value of $4M, showing a 57% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 4 year duration with ultimate completion date of May 9, 2023.

Rividium Inc. is a contractor located in VA, doing primarily Human Resources work for Defense. The company receives $20.8M 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.

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Buying Agency/Office

Armed Forces Retirement Home

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