W91QVN19A0036 - MOVING FURNISHING FOR DAEGU

This BPA contract for Logistics > Transportation and Logistics Services, Passenger Travel was awarded in FY2019 on Aug 22, 2019 to YOUNGJIN TRADE & TRANSPORTATION CO., LTD. by USAG Daegu. There have been $546.1k in obligations to date with a ceiling value of $900k, showing a 61% 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 Nov 22, 2024.

YOUNGJIN TRADE & TRANSPORTATION CO., LTD. is a contractor located in SEOUL, doing primarily Passenger Travel work for Army. The company receives $103.6k 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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Buying Agency/Office

Army»Army Materiel Command»Army Installation Management Command (IMCOM)»Pacific Region»USAG Daegu

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