W91QVN19A0025 - BPA COMMERCIAL BUS

This BPA contract for Logistics > Transportation and Logistics Services, Passenger Travel was awarded in FY2019 on September 24, 2019 to DAEWON EXPRESS CO., LTD. SEOUL OFFICE by 19th Expeditionary Sustainment Command. There have been $931.4k in obligations to date with a ceiling value of $2.6M, showing a 35% 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 October 30, 2024.

DAEWON EXPRESS CO., LTD. SEOUL OFFICE is a contractor located in SEOUL, doing primarily Logistics > Transportation and Logistics Services work for Army. The company receives $451k 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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