This BPA contract for Business Admin Services, Financial services was awarded in FY2011 on September 26, 2011 to WITHUM SMITH & BROWN PA (INC) by Pension Benefit Guaranty Corporation. There have been $45.7k in obligations to date with a ceiling value of $45.7k, 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 5 year duration with ultimate completion date of September 26, 2016.
WITHUM SMITH & BROWN PA (INC) is a contractor located in NJ, doing primarily Business Admin Services work for National Science Foundation. The company employs about 400 personnel, with $215.3k 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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|BPA Call No.||Contractor||Obligations||Effective Date|
|PBGC01BA130029||WITHUM SMITH&BROWN PA (INC)||$45.7k||04/26/2013|