70T02018A9NCTC004 - BLANKET PURCHASE AGREEMENT (BPA) FOR EXPLOSIVES DE... | Federal Compass

70T02018A9NCTC004 - BLANKET PURCHASE AGREEMENT (BPA) FOR EXPLOSIVES DE...

Federal Contract Award Search » BPA Award

This BPA contract for Agriculture > Animals was awarded in FY2018 on August 22, 2018 to K2 SOLUTIONS, INC by TSA Operations Support Directorate. There have been $450.5k in obligations to date with a ceiling value of $9.5M, showing a 5% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 7 year duration with ultimate completion date of August 22, 2025.

K2 SOLUTIONS, INC is a contractor located in NC, doing primarily Logistics > Professional Services work for Justice. The company receives $1.6M 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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Contract Number
70T02018A9NCTC004
Contractor
K2 SOLUTIONS, INC
Obligations to Date
$450.5k
Ceiling Value
$9.5M
Award Date
08/22/2018
Contract Type
BPA

Buying Agency/Office
Homeland Security (DHS) » DHS Transportation Security Administration (TSA) » TSA Operations Support Directorate


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BPA Call History

BPA Call No. Contractor Obligations Effective Date
70T02019F1NOTD430 K2 SOLUTIONS, INC $33.2k 06/18/2019
70T02020F1NOTD410 K2 SOLUTIONS, INC $59.5k 10/10/2019
70T02020F1NOTD416 K2 SOLUTIONS, INC $42k 12/05/2019
70T02021F7670N001 K2 SOLUTIONS, INC $62.8k 12/30/2020
70T02023F7670N001 K2 SOLUTIONS, INC $99k 10/21/2022
70T02023F7670N006 K2 SOLUTIONS, INC $44k 02/03/2023
70T02024F7670N003 K2 SOLUTIONS, INC $110k 11/08/2023

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