W90VN923A0012 - GENERAL CARGO, EXPLOSIVES, TRACTOR TRAILER, LESS-T...
Federal Contract Award Search » BPA Award
This BPA contract for Logistics > Transportation and Logistics Services was awarded in FY2023 on Mar 19, 2023 to HANKUK VEHICLE INDUSTRY CO., LTD. by 25th Transportation Battalion. There have been $369.9k in obligations to date with a ceiling value of $2.8M, showing a 13% burn rate so far on the contract. The contract was not competed under any preference program with offers received.
HANKUK VEHICLE INDUSTRY CO., LTD. is a contractor doing primarily Automotive Parts & Products > Transportation and Logistics Services work for Army. The company receives $3.3M 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.
- Contract Number
- W90VN923A0012
- Contractor
- HANKUK VEHICLE INDUSTRY CO., LTD.
- Obligations to Date
- $369.9k
- Ceiling Value
- $2.8M
- Award Date
- 03/19/2023
- Contract Type
- BPA
- Buying Agency/Office
- Army»Army Pacific Command»Eighth Army»19th Expeditionary Sustainment Command»25th Transportation Battalion
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| W90VN923F0104 | HANKUK VEHICLE INDUSTRY CO., LTD. | $224.1k | 03/21/2023 |
| W90VN923F0109 | HANKUK VEHICLE INDUSTRY CO., LTD. | $145.8k | 04/11/2023 |
| W90VN923F0183 | HANKUK VEHICLE INDUSTRY CO., LTD. | $0.00 | 06/14/2023 |
