75N98018A00037 - CL FOR NIH SREA PEER REVIEW MEETINGS ONLYO/M ITE...

This BPA contract for Business Admin Services, Facilities Purchase & Lease was awarded in FY2018 on Jul 25, 2018 to AREP II CC HOTEL, LLC by NIH Office of Logistics and Acquisition Operations (OLAO). There have been $5.1M in obligations to date with a ceiling value of $5.1M, 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 7 year duration with ultimate completion date of Dec 30, 2025.

AREP II CC HOTEL, LLC is a contractor located in DC, doing primarily Facilities Purchase & Lease work for Health and Human Services. The company receives $92.5k 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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