This Definitive Contract contract for Communications Equipment was awarded in FY2007 on August 28, 2007 to Boeing by Electronic Proving Ground. There have been $354.6k in obligations to date with a ceiling value of $354.6k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 2 offers received. We expect a 1 year duration with ultimate completion date of January 02, 2008.
Boeing is a contractor located in WA, doing primarily Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles work for Air Force. The company receives $25.2B 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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