47QFDA20A0037 - APPLICATION OPERATIONS AND MAINTENANCE FOR HUD OCI... | Federal Compass

47QFDA20A0037 - APPLICATION OPERATIONS AND MAINTENANCE FOR HUD OCI...

Federal Contract Award Search » BPA Award

This BPA contract for IT Outsourcing was awarded in FY2020 on September 01, 2020 to Pyramid Systems, Inc. by Housing and Urban Development. There have been $88.3M in obligations to date with a ceiling value of $94M, showing a 94% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 3 year duration with ultimate completion date of August 31, 2023.

Pyramid Systems, Inc. is a contractor located in VA, doing primarily IT Outsourcing work for Housing and Urban Development. The company receives $46.6M 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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Contract Number
47QFDA20A0037
Obligations to Date
$88.3M
Ceiling Value
$94M
Award Date
09/01/2020
Contract Type
BPA

Buying Agency/Office
Housing and Urban Development


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BPA Call History

BPA Call No. Contractor Obligations Effective Date
47QFDA20F0097 PYRAMID SYSTEMS, INC. $25.3M 09/30/2020
47QFDA21F0008 PYRAMID SYSTEMS, INC. $63M 11/25/2020

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