H9224022A0015 - MULTIPLE AWARD BPA - GEAR ISSUE

This BPA contract for Construction Related Equipment > Industrial Products & Services, Textiles, Clothing & Personal Accessories was awarded in FY2022 on Sep 9, 2022 to TIDEWATER DISTRIBUTORS, LLC by Naval Special Warfare Command (NSWC). There have been $1.6M in obligations to date with a ceiling value of $6.5M, showing a 25% 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 Sep 7, 2027.

TIDEWATER DISTRIBUTORS, LLC is a contractor located in VA, doing primarily Textiles, Clothing & Personal Accessories work for Defense. The company receives $2.2M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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

Navy»Naval Special Warfare Command (NSWC)

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