N6264921A0002 - RENTAL AND LEASE OF EQUIPMENT

This BPA contract for Facility Related Equipment > Equipment Related Services, Facility Related Equipment > Facility Equipment, Industrial Products & Machinery > Industrial Products & Services was awarded in FY2021 on Jan 5, 2021 to SUMIJU YOKOSUKA KOGYO CO., LTD. by Fleet Logistics Center Yokosuka. There have been $844.1k in obligations to date with a ceiling value of $844.1k, 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 Jan 23, 2026.

SUMIJU YOKOSUKA KOGYO CO., LTD. is a contractor located in KANAGAWA, doing primarily Facility Related Services > Facilities Repair work for Navy. The company receives $23.1M 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 Supply Systems Command»Fleet Logistics Center Yokosuka

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