W91QVN15A0026 - , MOVEMENT OF GOVERNMENT FURNITURE AND APPLIANCES...

This BPA contract for Passenger Travel, Logistics > Transportation and Logistics Services was awarded in FY2015 on Sep 10, 2015 to Hanjin Transportation Co., Ltd. by USAG Humphreys. There have been $414.8k in obligations to date with a ceiling value of $3.1M, showing a 13% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 6 year duration with ultimate completion date of Mar 21, 2021.

Hanjin Transportation Co., Ltd. is a contractor located in KR-11, doing primarily Logistics > Transportation and Logistics Services work for Army. The company receives $12M 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

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

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