W91QVN18A0023 - RENTAL OF VEHICLES, USFK

This BPA contract for Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2018 on June 25, 2018 to KOREA FIRST-A-CAR CO.,LTD by USAG Yongsan. There have been $239.5k in obligations to date with a ceiling value of $993k, showing a 24% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 6 year duration with ultimate completion date of June 24, 2024.

KOREA FIRST-A-CAR CO.,LTD is a contractor located in SEOUL, doing primarily Automotive Parts & Products > Transportation and Logistics Services work for Army. The company receives $293.3k 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.

Read the full report

Buying Agency/Office

Army » Army Materiel Command » Army Installation Management Command (IMCOM) » Pacific Region » USAG Yongsan

Read the full report