47QSWA22A001C - OTHER THAN SCHEDULE

This BPA contract for Petro-Chemical Industries > Industrial Products & Services was awarded in FY2022 on September 07, 2022 to INTEK MARINE TECHNOLOGY, LLC by Office of General Supplies and Services. There have been $263.5k in obligations to date with a ceiling value of $263.5k, 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 2 year duration with ultimate completion date of September 06, 2024.

INTEK MARINE TECHNOLOGY, LLC is a contractor located in VA, doing primarily Petro-Chemical Industries > Industrial Products & Services work for General Services Administration. The company receives $152.6k 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

General Services Administration » Federal Acquisition Service » Office of General Supplies and Services

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