W91QV122A0001 - THE CONTRACTOR WILL BE PROVIDING THE FORT BELVOIR ...
Federal Contract Award Search » BPA Award
This BPA contract for Petro-Chemical Industries > Transportation and Logistics Services was awarded in FY2022 on Apr 21, 2022 to FANNON PETROLEUM SERVICES, INC by Fort Belvoir. There have been $15.7k in obligations to date with a ceiling value of $186.5k, showing a 8% 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 Oct 20, 2027.
FANNON PETROLEUM SERVICES, INC is a contractor located in VA, doing primarily Petro-Chemical Industries > Transportation and Logistics Services work for Defense. The company receives $3.4M 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.
- Contract Number
- W91QV122A0001
- Contractor
- FANNON PETROLEUM SERVICES, INC.
- Obligations to Date
- $15.7k
- Ceiling Value
- $186.5k
- Award Date
- 04/21/2022
- Contract Type
- BPA
- Buying Agency/Office
- Army»Army Materiel Command»Army Installation Management Command (IMCOM)»IMCOM Sustainment Directorate»Fort Belvoir
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| W91QV123F0010 | FANNON PETROLEUM SERVICES, INC. | $2.1k | 11/15/2022 |
| W91QV123F0028 | FANNON PETROLEUM SERVICES, INC. | $3.5k | 12/30/2022 |
| W91QV123F0029 | FANNON PETROLEUM SERVICES, INC. | $3.1k | 12/30/2022 |
| W91QV123F0042 | FANNON PETROLEUM SERVICES, INC. | $3.5k | 01/31/2023 |
| W91QV123F0053 | FANNON PETROLEUM SERVICES, INC. | $3.5k | 03/03/2023 |
