Inventory holding price (TI 6
Ended Definitive Contract Awarded Last action
- Contract number
- SP800015C0010
- Awardee
-
Titanium Metals Corp UEI JLTMS5197CE9
- Awarding agency
-
Strategic Materials
Defense Logistics Agency, Department of Defense
- Obligated
- $2,856,000
Award facts
- Opportunity
-
- SP800015R0012 Solicitation number
- Precious Metals Primary Forms Award Notice · Posted Sep 30, 2015
- Titanium Buffer FY15 Award Notice · Posted Aug 21, 2015
- Contract value 100% obligated
- $2,856,000.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Headquarters Defense Logistics Agency, Department of Defense
- NAICS code
- 331492 Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum)
- PSC
- 9660 Precious Metals Primary Forms
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Exton, PA 19341, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $516,000 | |
| Exercise an Option | $516,000 | |
| Exercise an Option | $516,000 | |
| Exercise an Option | $516,000 | |
| Original award | $792,000 |
About this award
This is a definitive, firm-fixed-price contract awarded by the Defense Logistics Agency (DLA) to Titanium Metals Corporation (Timet), a subsidiary of Precision Castparts Corp. The contract, worth up to $2,856,000.00, is for inventory holding services related to titanium materials. It was awarded on September 30, 2015, with a period of performance through September 29, 2020.
The contract does not have a set-aside designation, indicating Timet competed for it on an unrestricted basis. Timet is a leading titanium supplier and has a history of providing critical titanium materials and inventory holding services to federal government agencies, particularly the DLA and the Department of Defense. This contract supports the DLA's Strategic Materials program, which focuses on maintaining strategic metal inventories for national defense.
Quick answers
Who was awarded contract SP800015C0010?
SP800015C0010 was awarded to Titanium Metals Corp by Strategic Materials (Defense Logistics Agency) on September 30, 2015.
How much is contract SP800015C0010 worth?
The government has obligated $2,856,000 on SP800015C0010.
Which agency awarded contract SP800015C0010?
Strategic Materials (Defense Logistics Agency) awarded SP800015C0010, with funding from Headquarters (Defense Logistics Agency).
Was contract SP800015C0010 competed?
The extent of competition for SP800015C0010 was full and open competition. The government received 2 offers.
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