75N98018A00042 - HOTEL/CONFERENCE ROOMS

This BPA contract for Facilities Purchase & Lease, Business Admin Services was awarded in FY2018 on August 27, 2018 to HST LESSEE CMBS LLC by NIH Office of Logistics and Acquisition Operations (OLAO). There have been $720k in obligations to date with a ceiling value of $10M, showing a 7% 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 December 30, 2025.

HST LESSEE CMBS LLC is a contractor located in DC, doing primarily Facilities Purchase & Lease work for Health and Human Services. The company receives $18.6k 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

Health and Human Services » National Institutes of Health » NIH Office of the Director » NIH Office of Management » NIH Office of Logistics and Acquisition Operations (OLAO)

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