This Definitive Contract contract for Test & Measurement Supplies was awarded in FY2020 on June 12, 2020 to MARATHON WATCH COMPANY LIMITED by Office of Assisted Acquisition Services. There have been $0.2k in obligations to date with a ceiling value of $0.2k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received.
MARATHON WATCH COMPANY LIMITED is a contractor located in ON, doing primarily Test & Measurement Supplies work for General Services Administration. The company receives $973.9k 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.
Definitive contracts are single award contracts which usually result from publicly advertised Federal procurements. Historically, definitive contracts represented the most common pathway for the Federal Government to enter into agreements with contractors operating in the Federal market. With few exceptions, definitive contracts all the Federal Government purchase nearly every type of commodity, technology, or service. A known quantity or deliverable is a critical attribute of definitive contracts.
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