This Definitive Contract contract was awarded in FY2011 on February 17, 2011 to C.W. FERRELL CONSTRUCTION, INC. by Navy Installations Command (CNIC). There have been $214.5k in obligations to date with a ceiling value of $214.5k, showing a 100% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received.
C.W. FERRELL CONSTRUCTION, INC. is a contractor located in FL, doing primarily Facility Related Services > Facilities Repair work for Navy. The company receives $208.8k 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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