HHSN263201600048B - HOTEL/CONFERENCE ROOMS: PENDING ACTUAL SERVICE O...

This BPA contract for Business Admin Services, Facilities Purchase & Lease was awarded in FY2016 on Dec 3, 2015 to TMG II BETHESDA HOTEL OPERATING COMPANY L.L.C. by NIH Office of Logistics and Acquisition Operations (OLAO). There have been $6M in obligations to date with a ceiling value of $6M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 10 year duration with ultimate completion date of Dec 30, 2025.

TMG II BETHESDA HOTEL OPERATING COMPANY L.L.C. is a contractor located in MD, doing primarily Passenger Travel work for Navy. The company receives $1.8k 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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