86614924A00001 - BASIC PURCHASING AGREEMENT (BPA) FOR TASK AREA 4.1...
Federal Contract Award Search » BPA Award
This BPA contract for Program Management was awarded in FY2024 on Feb 28, 2024 to Summit Consulting LLC by Policy Development and Research. There have been $2.1M in obligations to date with a ceiling value of $50M, showing a 4% 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 Feb 27, 2029.
Summit Consulting LLC is a contractor located in DC, doing primarily Financial services work for International Development Finance Corporation. The company receives $19.9M 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.
- Contract Number
- 86614924A00001
- Contractor
- SUMMIT CONSULTING LLC
- Obligations to Date
- $2.1M
- Ceiling Value
- $50M
- Award Date
- 02/28/2024
- Contract Type
- BPA
- Buying Agency/Office
- Housing and Urban Development»Policy Development and Research
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 86614924F00026 | SUMMIT CONSULTING LLC | $739.3k | 09/03/2024 |
| 86614924F00047 | SUMMIT CONSULTING LLC | $1.4M | 09/17/2024 |
