47QSWA21T000E - OTHER THAN SCHEDULE

This BPA contract for Furniture was awarded in FY2021 on Apr 8, 2021 to ALPHA SAFE & VAULT INC by Office of General Supplies and Services. There have been $4.2M in obligations to date with a ceiling value of $7.5M, showing a 56% 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 Apr 13, 2023.

ALPHA SAFE & VAULT INC is a contractor located in VA, doing primarily Furniture work for General Services Administration. The company receives $3.7M 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

General Services Administration»Federal Acquisition Service»Office of General Supplies and Services

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