W22G1F21A0013 - LOCKMASTER BPA
Federal Contract Award Search » BPA Award
This BPA contract for Hardware & Tools was awarded in FY2021 on June 29, 2021 to LOCKMASTERS, INC. by Blue Grass Chemical Activity. There have been $200k in obligations to date with a ceiling value of $500k, showing a 40% 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 July 04, 2024.
LOCKMASTERS, INC. is a contractor located in KY, doing primarily Hardware & Tools work for Navy. The company receives $718.7k 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.
- Contract Number
- W22G1F21A0013
- Contractor
- LOCKMASTERS, INC.
- Obligations to Date
- $200k
- Ceiling Value
- $500k
- Award Date
- 06/29/2021
- Contract Type
- BPA
- Buying Agency/Office
- Army » Army Materiel Command » Army Chemical Materials Activity » Blue Grass Chemical Activity
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BPA Call History
| BPA Call No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| W22G1F21F0089 | LOCKMASTERS, INC. | $50k | 07/06/2021 |
| W519TC23F2056 | LOCKMASTERS, INC. | $50k | 12/06/2022 |
| W519TC24F2023 | LOCKMASTERS, INC. | $100k | 10/25/2023 |
