This Definitive Contract contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2019 on September 06, 2019 to B-ST SH.P.K. by NAVFAC Europe, Africa, Central. There have been $556.6k in obligations to date with a ceiling value of $749.9k, showing a 74% burn rate so far on the contract. The contract was not competed under any preference program with 5 offers received. We expect a 2 year duration with ultimate completion date of January 19, 2021.
B-ST SH.P.K. is a contractor doing primarily Construction & Related Services > Architect, Engineering & Construction work for Navy. 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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