This Definitive Contract contract for Industrial Products & Machinery > Industrial Products & Services was awarded in FY2008 on December 19, 2007 to FEDERAL TECHNOLOGY GROUP by Army Research Laboratory. There have been $4.8M in obligations to date with a ceiling value of $4.8M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 4 year duration with ultimate completion date of February 01, 2011.
FEDERAL TECHNOLOGY GROUP is a contractor located in MT, doing primarily Test & Measurement Supplies work for Air Force. 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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