This Definitive Contract contract for Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2006 on February 15, 2006 to General Motors Company by Federal Acquisition Service. There have been $18.1k in obligations to date with a ceiling value of $18.1k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received.
General Motors Company is a contractor located in MI, doing primarily Automotive Parts & Products > Transportation and Logistics Services work for General Services Administration. The company receives $673.1M 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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