GS24F0044M - FEDERAL SUPPLY SCHEDULE CONTRACT.

This FSS contract for Aerospace & Defense > Industrial Products & Services, Aerospace & Defense > Equipment Related Services, IT Software, Support Ships & Small Craft > Maintenance Support Services, Fire Control > Weapon Systems, IT Hardware, Business Admin Services, Financial services, Hardware & Tools, Consumer Products > Miscellaneous S&E, Facility/Physical Security > Security and Protection, IT Outsourcing, Education/Training > Human Capital, Aerospace & Defense > Sustainment S&E, Consumer Products > Electronic & Communication Equipment, Sanitary Products, Marine Products & Materials > Equipment Related Services, Detection & Coherent Radiation Equipment > Information Technology, Test & Measurement Supplies, Textiles, Clothing & Personal Accessories, Furniture, Science/Engineering > Professional Services, Medical Equipment & Supplies > Medical Supplies/Equipment, Facility Related Services > Facilities Maintenance, Logistics Equipment > Industrial Products & Services, Industrial Products & Machinery > Equipment Related Services, Weapons > Weapons & Ammunition, Aerospace & Defense > Electronic & Communication Equipment, Equipment Maintenance, Marine Products & Materials > Industrial Products & Services, Electrical & Electronics Equipment > Electronic & Communication Equipment, Industrial Products & Machinery > Industrial Products & Services, Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles, Communications Equipment, IT Networking Hardware > Hardware, Weapons > Equipment Related Services, Aerospace & Defense > Research and Development, Office Products & Services, Detection & Coherent Radiation Equipment > Electronic & Communication Equipment, Construction Related Equipment > Industrial Products & Services, Electrical & Electronics Equipment > Electronic & Communication Services, IT Security Hardware, Automotive Parts & Products > Equipment Related Services, Consumer Products > Equipment Related Services was awarded in FY2002 on Jul 1, 2002 to FARO TECHNOLOGIES, INC. by . There have been $35.3M in obligations to date with a ceiling value of $76.7M, showing a 46% burn rate so far on the contract. The contract was not competed under any preference program with 999 offers received. We expect a 20 year duration with ultimate completion date of Jul 11, 2022.

FARO TECHNOLOGIES, INC. is a contractor located in FL, doing primarily Test & Measurement Supplies work for Navy. The company receives $3.4M 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.

The General Services Administration (GSA), the central acquisition entity within the Federal Government, manages a catalog of Multiple Award Schedules (MAS). The GSA uses MAS to establish lines of business or cohorts of contractors grouped by similar goods and services. Schedules are open to all government customers and provide a streamlined process to procure various professional services, IT services, and products, ranging from cars to hardware.

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