2031ZA21A00025 - SAFETY EYEWEAR

This BPA contract for Textiles, Clothing & Personal Accessories, Healthcare > Medical Practitioners was awarded in FY2021 on Aug 31, 2021 to ARMADA OPTICAL SERVICES INC by BEP Chief Operating Officer. There have been $186.8k in obligations to date with a ceiling value of $200k, showing a 93% 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 Aug 30, 2026.

ARMADA OPTICAL SERVICES INC is a contractor located in IN, doing primarily Medical Equipment & Supplies > Medical Supplies/Equipment work for Navy. The company receives $34.8k 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

Treasury»Bureau of Engraving and Printing»BEP Chief Operating Officer

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