Air Force Award | FA483019AA006 | BLANKET PURCHASE AGREEMENTTHIS REQUIREMENT IS FOR TRAINING SERVICES FOR THE 38TH RESCUE SQUADRON. AUTHORIZED CALLERS: 23 CONS CONTRACTING OFFICER. POP...

FA483019AA006 - BLANKET PURCHASE AGREEMENTTHIS REQUIREMENT IS FOR ...

Federal Contract Award Search » BPA Award

This BPA contract for Education/Training > Human Capital was awarded in FY2019 on Aug 2, 2019 to VELOCITY TRAINING, LLC by 38th Rescue Squadron. There have been $172.4k in obligations to date with a ceiling value of $172.4k, 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 Aug 3, 2024.

VELOCITY TRAINING, LLC is a contractor located in FL, doing primarily Education/Training > Human Capital work for Marine Corps. The company receives $1.8M 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
FA483019AA006
Obligations to Date
$172.4k
Ceiling Value
$172.4k
Award Date
08/02/2019
Contract Type
BPA

Buying Agency/Office
Air Force»Air Combat Command»15th Air Force»23rd Wing»347th Rescue Group»38th Rescue Squadron


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BPA Call History

BPA Call No. Contractor Obligations Effective Date
FA483021F0077 VELOCITY TRAINING, LLC $158k 09/24/2021
FA483024F0040 VELOCITY TRAINING, LLC $14.4k 05/23/2024

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