HHSN263201600132B - O/M ONLY: LABORATORY SUPPLIES, MEDICAL/SCIENTIFIC ...

This BPA contract for Test & Measurement Supplies, Industrial Products & Machinery > Industrial Products & Services was awarded in FY2016 on July 20, 2016 to REES SCIENTIFIC CORPORATION by NIH Office of Logistics and Acquisition Operations (OLAO). There have been $466k in obligations to date with a ceiling value of $10M, showing a 5% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 8 year duration with ultimate completion date of August 30, 2024.

REES SCIENTIFIC CORPORATION is a contractor located in NJ, doing primarily Test & Measurement Supplies work for Defense. The company receives $4.3M 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

Health and Human Services » National Institutes of Health » NIH Office of the Director » NIH Office of Management » NIH Office of Logistics and Acquisition Operations (OLAO)

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