This Definitive Contract contract was awarded in FY2005 on September 13, 2005 to BOARD OF TRUSTEES OF UNIVERSIT by US Army Health Contracting Activity. There have been $83.4k in obligations to date with a ceiling value of $83.4k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received.
BOARD OF TRUSTEES OF UNIVERSIT is a contractor located in IL, doing primarily Pharmaceuticals > Research and Development work for Health and Human Services. The company receives $7M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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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