GS35F0495Y - SINGLE AWARD BLANKET PURCHASE AGREEMENT (BPA) FOR ...

This BPA contract for IT Outsourcing was awarded in FY2019 on June 17, 2019 to Synergy Business Innovation & Solutions, Inc. by DOL Office of the Chief Information Officer. There have been $36.2M in obligations to date with a ceiling value of $36.2M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received.

Synergy Business Innovation & Solutions, Inc. is a contractor located in VA, doing primarily IT Outsourcing work for Homeland Security (DHS). The company receives $63.4M 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

Labor » Office of the Assistant Secretary for Administration & Management » DOL Office of the Chief Information Officer

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