15DDHQ24A00000017 - AUDIO-VISUAL EQUIPMENT & SERVICES BLANKET PURC...

This BPA contract for IT Outsourcing, Consumer Products > Miscellaneous S&E, Electrical & Electronics Equipment > Electronic & Communication Equipment, Science/Engineering > Professional Services, Business Admin Services was awarded in FY2024 on Jul 24, 2024 to Isoft Solutions, LLC by DEA Information Systems Division. There have been $2.2M in obligations to date with a ceiling value of $18.7M, showing a 12% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 1 year duration with ultimate completion date of Jul 29, 2025.

Isoft Solutions, LLC is a contractor located in VA, doing primarily IT Hardware work for Homeland Security (DHS). The company receives $7.1M 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

Justice»Drug Enforcement Administration (DEA)»DEA Information Systems Division

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