ING17PA00005 - BPA - DRILLING SERVICES IN MINNESOTA, '' ''

This BPA contract for Environmental > Conservation was awarded in FY2017 on January 27, 2017 to MARK J. TRAUT WELLS, INC by USGS Office of Acquisition and Grants. There have been $145.5k in obligations to date with a ceiling value of $145.5k, 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 January 25, 2022.

MARK J. TRAUT WELLS, INC is a contractor located in MN, doing primarily Environmental > Conservation work for Interior. The company receives $9k 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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Buying Agency/Office

Interior » U.S. Geological Survey (USGS) » USGS Administration and Policy Directorate » USGS Office of Administration » USGS Office of Acquisition and Grants

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