W564KV24AA011 - THE BPA IS TO PROCURE COMMERCIAL VEHICLE LEASING/R...

This BPA contract for Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2024 on Jul 29, 2024 to KVG LLC by 409th Contracting Support Brigade. There have been $1.2M in obligations to date with a ceiling value of $50M, 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 3 year duration with ultimate completion date of Jul 30, 2027.

KVG LLC is a contractor located in PA, doing primarily Logistics > Professional Services work for Army. The company receives $4.3M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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

Army»Army Materiel Command»Army Contracting Command»409th Contracting Support Brigade

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