Transportation Award | 693JF720A000004 | MARAD SEEKS A WELL-QUALIFIED FIRM WITH SIGNIFICANT PROJECT FINANCE EXPERTISE IN THE MUNICIPAL BOND, CORPORATE BOND, AND COMMERCIAL BANKING SECTORS, AS...

693JF720A000004 - MARAD SEEKS A WELL-QUALIFIED FIRM WITH SIGNIFICANT...

Federal Contract Award Search » BPA Award

This BPA contract for Program Management was awarded in FY2020 on Sep 18, 2020 to Summit Consulting LLC by Office of Acquisition. There have been $123.2k in obligations to date with a ceiling value of $200k, showing a 62% 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 Sep 28, 2025.

Summit Consulting LLC is a contractor located in DC, doing primarily Financial services work for International Development Finance Corporation. The company receives $19.9M 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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Contract Number
693JF720A000004
Obligations to Date
$123.2k
Ceiling Value
$200k
Award Date
09/18/2020
Contract Type
BPA

Buying Agency/Office
Transportation»DOT Maritime Administration»Office of Acquisition


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BPA Call History

BPA Call No. Contractor Obligations Effective Date
693JF721F000002 SUMMIT CONSULTING LLC $61.2k 11/19/2020
693JF722F00042N SUMMIT CONSULTING LLC $62k 09/29/2022

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