W911PT16A0037 - BLANKET PURCHASE AGREEMENT FOR VARIOUS CUTTING TOO...

This BPA contract for High Caliber Weapons, Textiles, Clothing & Personal Accessories, Hardware & Tools, Industrial Products & Machinery > Industrial Products & Services, Office Products & Services was awarded in FY2016 on Jul 22, 2016 to MIDWAY INDUSTRIAL SUPPLY INC. by Watervliet Arsenal. There have been $532.1k in obligations to date with a ceiling value of $3M, showing a 18% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 60 year duration with ultimate completion date of Jul 3, 2021.

MIDWAY INDUSTRIAL SUPPLY INC. is a contractor located in NY, doing primarily Industrial Products & Machinery > Industrial Products & Services work for Defense. The company receives $2.2M 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 Materiel Command»Tank-Automotive and Armaments Command»Watervliet Arsenal

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