69056720A000002 - BLANKET PURCHASE AGREEMENT (BPA) GEOTECHNICAL DRIL...

This BPA contract for Environmental > Conservation was awarded in FY2020 on Jul 16, 2020 to HAZ-TECH DRILLING, INC. by Office of Federal Lands Highway. There have been $3.1M in obligations to date with a ceiling value of $18M, showing a 17% 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 Jul 14, 2025.

HAZ-TECH DRILLING, INC. is a contractor located in ID, doing primarily Environmental > Conservation work for Transportation. The company receives $684k 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

Transportation»DOT Federal Highway Administration»Office of Federal Lands Highway

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