693JK423A600001 - NEW BPA FOR PROJECT MANAGEMENT PROFESSIONAL SUPPOR...
Federal Contract Award Search » BPA Award
This BPA contract for Program Management was awarded in FY2023 on Aug 15, 2023 to SUMMOME NATIVE VENTURES LLC by Office of Budget and Financial Management. There have been $2.9M in obligations to date with a ceiling value of $10M, showing a 29% 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 Aug 12, 2028.
SUMMOME NATIVE VENTURES LLC is a contractor located in AL, doing primarily Business Admin Services work for Treasury. 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.
- Contract Number
- 693JK423A600001
- Contractor
- SUMMOME NATIVE VENTURES LLC
- Obligations to Date
- $2.9M
- Ceiling Value
- $10M
- Award Date
- 08/15/2023
- Contract Type
- BPA
- Buying Agency/Office
- Transportation»DOT Office of the Secretary»Office of Budget and Financial Management
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 693JK424F96009N | SUMMOME NATIVE VENTURES LLC | $961.7k | 05/16/2024 |
| 693JJ324F00473N | SUMMOME NATIVE VENTURES LLC | $176.2k | 09/25/2024 |
| 693JK424F96017N | SUMMOME NATIVE VENTURES LLC | $599.8k | 09/27/2024 |
| 693JK424F96020N | SUMMOME NATIVE VENTURES LLC | $697k | 09/28/2024 |
| 693JK424F96022N | SUMMOME NATIVE VENTURES LLC | $327.7k | 09/30/2024 |
