Energy Award | 89303019AEE000001 | THE PURPOSE OF THIS MASTER BPA SET-UP IS FOR A SOLE SOURCE AWARD TO BLOOMBERG FINANCE L.P. FOR FIVE (5) YEARS (BASE YEAR PERIOD AND FOUR OPTION YEAR P...

89303019AEE000001 - THE PURPOSE OF THIS MASTER BPA SET-UP IS FOR A SOL...

Federal Contract Award Search » BPA Award

This BPA contract for IT Outsourcing, IT Software was awarded in FY2019 on Apr 30, 2019 to Bloomberg Inc. by Office of Energy Efficiency & Renewable Energy. There have been $4.4M in obligations to date with a ceiling value of $4.4M, 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 5 year duration with ultimate completion date of Apr 29, 2024.

Bloomberg Inc. is a contractor located in VA, doing primarily IT Software work for Treasury. The company receives $24.5M 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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Contract Number
89303019AEE000001
Obligations to Date
$4.4M
Ceiling Value
$4.4M
Award Date
04/30/2019
Contract Type
BPA

Buying Agency/Office
Energy»Office of Energy Efficiency & Renewable Energy


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BPA Call History

BPA Call No. Contractor Obligations Effective Date
89303019FEP000003 BLOOMBERG FINANCE L.P. $26.2k 05/01/2019
89303019FEE000003 BLOOMBERG FINANCE L.P. $184.7k 05/01/2019
89303019FEI000024 BLOOMBERG FINANCE L.P. $240.2k 05/02/2019
89303019FET000002 BLOOMBERG FINANCE L.P. $26.4k 05/02/2019
89303019FMA000191 BLOOMBERG FINANCE L.P. $13.2k 05/08/2019
89303019FTT000002 BLOOMBERG FINANCE L.P. $26.4k 05/14/2019
89303020FLP000013 BLOOMBERG FINANCE L.P. $8.1k 04/16/2020
89303020FEE000004 BLOOMBERG FINANCE L.P. $201.1k 04/16/2020
89303020FET000006 BLOOMBERG FINANCE L.P. $52.8k 04/17/2020
89303020FAR000001 BLOOMBERG FINANCE L.P. $26.4k 05/01/2020
89303020FTT000004 BLOOMBERG FINANCE L.P. $46.7k 05/11/2020
89303021FEE000008 BLOOMBERG FINANCE L.P. $196.2k 04/28/2021
89303021FLP000018 BLOOMBERG FINANCE L.P. $69.2k 04/28/2021
89303021FET000007 BLOOMBERG FINANCE L.P. $46.2k 04/28/2021
89303021FAR000002 BLOOMBERG FINANCE L.P. $23.1k 04/28/2021
89303021FIA000007 BLOOMBERG FINANCE L.P. $23.1k 04/28/2021
89303021FTT000005 BLOOMBERG FINANCE L.P. $46.2k 04/28/2021
89303021FIA000009 BLOOMBERG FINANCE L.P. $24k 06/01/2021
89303022FTT000006 BLOOMBERG FINANCE L.P. $18.6k 12/06/2021
89303022FIA000012 BLOOMBERG FINANCE L.P. $22.6k 04/18/2022

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