47QMCH24G0001 - ASSET GROUP EA BOA
Federal Contract Award Search » BOA Award
This BOA contract for Subsistence, Medical Equipment & Supplies > Medical Supplies/Equipment, Furniture, Logistics > Professional Services was awarded in FY2024 on Mar 7, 2024 to ASSET Group by Office of Assisted Acquisition Services. There have been $5.4M in obligations to date with a ceiling value of $5.4M, 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 2 year duration with ultimate completion date of Dec 30, 2026.
ASSET Group is a contractor located in OK, doing primarily Logistics > Professional Services work for Homeland Security (DHS). The company receives $271.9k 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.
Basic Ordering Agreements (BOA) create an understanding between the Federal Government and a contractor for future purchases. When requirements, quantities, and prices are unknown, the Federal Government lacks the necessary information to compete and award a contract. The BOA establishes a method for the Federal Government to expedite a future contract award by laying the required contractual framework.
- Contract Number
- 47QMCH24G0001
- Contractor
- ASSET GROUP INC
- Obligations to Date
- $5.4M
- Ceiling Value
- $5.4M
- Award Date
- 03/07/2024
- Contract Type
- BOA
- Buying Agency/Office
- General Services Administration»Federal Acquisition Service»Office of Assisted Acquisition Services
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 47QMCH24F0006 | ASSET GROUP INC | $169.9k | 06/25/2024 |
| 47QMCH25F0001 | ASSET GROUP INC | $418.4k | 10/02/2024 |
| 47QMCH25F0003 | ASSET GROUP INC | $2.1M | 10/07/2024 |
| 47QMCH25F0005 | ASSET GROUP INC | $2.7M | 10/09/2024 |
