693JJ320C000021 - FULL FUNDING TO AWARD NEW THREE-YEAR CONTRACT WITH...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Transportation Related Services > Research and Development was awarded in FY2020 on September 24, 2020 to New Jersey Institute Of Technology by Office of Research, Development and Technology. There have been $839.7k in obligations to date with a ceiling value of $839.7k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 122 offers received. We expect a 4 year duration with ultimate completion date of June 23, 2024.
New Jersey Institute Of Technology is a contractor located in NJ, doing primarily Aerospace & Defense > Research and Development work for Army. The company receives $18.2M 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.
- Contract Number
- 693JJ320C000021
- Contractor
- NEW JERSEY INSTITUTE OF TECHNOLOGY
- Obligations to Date
- $839.7k
- Ceiling Value
- $839.7k
- Award Date
- 09/24/2020
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Transportation » DOT Federal Highway Administration » Office of Research, Development and Technology
Win More Federal Business
Imagine a world where every report, every insight is tailored specifically to you. Our entire platform is configured around your past performance so that everything is relevant.
All the Right Tools
Business Development & Pipeline Management
We start with the largest federal opportunity database, including forecasts and re-competes, and add layer a suite of pipeline management tools.
Personalized Markets
Our market-centric platform adds context to every pursuit. Every opportunity, every report, tailored specifically to you.
Award Research & Market Intelligence
Find gaps in the market, identify key competitors and teaming partners, evaluate performance, and analyze pathways to new business.
Start Your Free Account Today
Gain Full Access to This Report and...
Contract Opportunities
Pipeline Management
Award Research
Funding Analysis
Partner Identification
Industry and Market Intel
Agency Spending Trends
Competitive Insights
Federal Compass is software designed for today’s federal market.
Explore how the right intel and process can help lead your team to greater success.
Enjoy instant access to the Federal Compass platform
