N6833523A0051 - BLANKET PURCHASE AGREEMENT

This BPA contract for Aerospace & Defense > Equipment Related Services was awarded in FY2023 on Jan 12, 2023 to PRODUCT IDENTIFICATION CO., INC. by Naval Air Warfare Center - Aircraft Division (NAWCAD). There have been $91.6k in obligations to date with a ceiling value of $5M, showing a 2% 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 Jan 15, 2028.

PRODUCT IDENTIFICATION CO., INC. is a contractor located in NJ, doing primarily Printed/Published Media work for Defense. The company receives $130k 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

Navy»Naval Air Systems Command»Naval Air Warfare Center - Aircraft Division (NAWCAD)

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