W91QVN17A0010 - PBA SHUTTLE BUS

This BPA contract for Logistics > Transportation and Logistics Services, Passenger Travel, Automotive Parts & Products > Sustainment S&E was awarded in FY2017 on January 18, 2017 to NEWKYUNGDONG CO., LTD. by 19th Expeditionary Sustainment Command. There have been $3.5M in obligations to date with a ceiling value of $4.1M, showing a 85% 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 December 30, 2023.

NEWKYUNGDONG CO., LTD. is a contractor located in GYEONGGI, doing primarily Logistics > Transportation and Logistics Services work for Army. The company receives $157.5k 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

Army » Army Pacific Command » Eighth Army » 19th Expeditionary Sustainment Command

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