60RRBH23A0026 - CUSTODIAL SERVICES

This BPA contract for Facility Related Services > Facilities Maintenance was awarded in FY2023 on Feb 2, 2023 to BONA FIDE CONGLOMERATE, INC. by RRB Bureau of Fiscal Operations (BFO). There have been $1.6M in obligations to date with a ceiling value of $5M, showing a 32% 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 Feb 28, 2028.

BONA FIDE CONGLOMERATE, INC. is a contractor located in CA, doing primarily Facility Related Services > Facilities Maintenance work for General Services Administration. The company receives $1.7M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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

Railroad Retirement Board»RRB Bureau of Fiscal Operations (BFO)

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