This BPA contract for Furniture was awarded in FY2005 on March 03, 2005 to Knoll Inc by Office for Administration & Management. There have been $1.3M in obligations to date with a ceiling value of $1.3M, 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 6 year duration with ultimate completion date of May 27, 2011.
Knoll Inc is a contractor located in PA, doing primarily Furniture work for Army. The company receives $14.4M 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.
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