1331L520A13350021 - PROFESSIONAL AND TECHNICAL SUPPORT
Federal Contract Award Search » BPA Award
This BPA contract for Program Management, Business Admin Services was awarded in FY2020 on June 17, 2020 to PRACTICAL SOLUTIONS, INC. by National Telecommunications and Information Administration (NTIA). There have been $5.9M in obligations to date with a ceiling value of $5.9M, showing a 100% 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 June 29, 2025.
PRACTICAL SOLUTIONS, INC. is a contractor located in DC, doing primarily Business Admin Services work for Commerce. The company receives $1.2M 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.
- Contract Number
- 1331L520A13350021
- Contractor
- PRACTICAL SOLUTIONS, INC.
- Obligations to Date
- $5.9M
- Ceiling Value
- $5.9M
- Award Date
- 06/17/2020
- Contract Type
- BPA
- Buying Agency/Office
- Commerce » National Telecommunications and Information Administration (NTIA)
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 1331L520F13350126 | PRACTICAL SOLUTIONS, INC. | $65.1k | 07/07/2020 |
| 1331L521F13350286 | PRACTICAL SOLUTIONS, INC. | $599.6k | 05/19/2021 |
| 1331L521F13350223 | PRACTICAL SOLUTIONS, INC. | $790.8k | 09/15/2021 |
| 1331L521F13350228 | PRACTICAL SOLUTIONS, INC. | $1.5M | 09/17/2021 |
| 1331L522F13350611 | PRACTICAL SOLUTIONS, INC. | $255.2k | 09/21/2022 |
| 1331L523F13350302 | PRACTICAL SOLUTIONS, INC. | $173.3k | 05/01/2023 |
| 1331L523F13350498 | PRACTICAL SOLUTIONS, INC. | $158k | 08/16/2023 |
| 1331L523F13350652 | PRACTICAL SOLUTIONS, INC. | $2.3M | 09/01/2023 |
