The reverse auction pricing tool (rapt) system allows government contractors to bid against each other in real-time on-line auctions which results in lower prices for the government. POP 12-month base…
Ended Definitive Contract Awarded Last action
- Contract number
- SP470121C0034
- Awardee
-
Vcloud TECH Inc. UEI LBTHZ1LB1RQ3
- Awarding agency
-
Troop Support
Defense Logistics Agency, Department of Defense
- Obligated
- $142,420
Award facts
- Opportunity
-
- Reverse Auction Pricing Tool for DLA Solicitation · SP470121R1A07 · Posted Jan 13, 2021
- Contract value 33% obligated
-
- $142,420.00 Current, with exercised options
- $427,260.00 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541614 Process, Physical Distribution, and Logistics Consulting Services
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 3 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Philadelphia, PA 19111, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Modification | $142,420 | |
| Terminate for Cause | $0 |
About this award
The Defense Logistics Agency awarded a $427,260 firm fixed price contract to Vcloud TECH Inc. to provide a Reverse Auction Pricing Tool system. The solicitation sought proposals for a web-based tool to facilitate real-time online reverse auctions allowing DLA personnel to monitor supplier bidding activity. The tool will be utilized to identify awardees on a best value basis and lower prices for the agency's procurement of goods and services. With a period of performance from June 2021 through January 2022 and two option years, Vcloud TECH will host the software and provide ongoing support services. The contract has a total small business set aside designation and was awarded under NAICS code 541511 for computer systems design services. Funding comes from the Defense Logistics Agency Troop Support branch of the Department of Defense.
Description
The reverse auction pricing tool (rapt) system allows government contractors to bid against each other in real-time on-line auctions which results in lower prices for the government. POP 12-month base + two 12-month option periods
Quick answers
Who was awarded contract SP470121C0034?
SP470121C0034 was awarded to Vcloud TECH Inc. by Troop Support (Defense Logistics Agency) on June 11, 2021.
How much is contract SP470121C0034 worth?
The government has obligated $142,420 on SP470121C0034. Its potential value, with all options, is $427,260.
Was contract SP470121C0034 competed?
The extent of competition for SP470121C0034 was full and open competition after exclusion of sources. The government received 3 offers. It was set aside: Total Small Business.
On GovTribe
See this award's full record
- Every transaction and funding action
- The awardee's other awards and teaming partners
- Similar awards and recompete opportunities
- Ask GovTribe AI about this award