Incremental funding for engineering and technical support
Ended Awarded Last action
- Contract number
- 692M1523F00017
- Awardee
-
Basic Commerce & Industries Inc. UEI ZJUJKFLSNBV9
- Awarding agency
-
Technical Center
Federal Aviation Administration, Department of Transportation
- Obligated
- $2,351,333
Award facts
- Contract value 82% obligated
-
- $2,351,333.06 Current, with exercised options
- $2,857,839.27 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541330 Engineering Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Time and Materials
- Place of performance
- Atlantic City, NJ 08405, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$19,342 | |
| Funding Only Action | $55,581 | |
| Funding Only Action | $480,767 | |
| Funding Only Action | $251,756 | |
| Exercise an Option | $292,698 | |
| Funding Only Action | $481,129 | |
| Funding Only Action | $441,910 | |
| Other Administrative Action | $0 | |
| Original award | $366,835 |
About this award
The Federal Aviation Administration Technical Center issued a delivery order to Basic Commerce & Industries Inc. on December 15, 2022, with a ceiling value of $2,857,839.27 for incremental funding of engineering and technical support under time-and-materials pricing, with an ultimate completion date of December 22, 2024.
Basic Commerce & Industries Inc. is a minority-owned, Subcontinent Asian American small business based in Moorestown, New Jersey. Place of performance is Atlantic City, New Jersey.
In the most recent reported fiscal year (FY2024), the order generated $1.2 million in invoiced labor across 5.8 FTEs and 12,061 contractor hours, with a blended government-paid rate of $96.45 per hour. FY2024 labor represented growth from FY2023, which recorded $927 thousand invoiced, 4.3 FTEs, and 8,954 contractor hours at $103.52 per hour; the hourly rate declined year-over-year. Subcontractor engagement in FY2024 represented 8 percent of contractor hours, with one subcontractor reported.
Quick answers
Who was awarded contract 692M1523F00017?
692M1523F00017 was awarded to Basic Commerce & Industries Inc. by Technical Center (Federal Aviation Administration) on December 15, 2022.
How much is contract 692M1523F00017 worth?
The government has obligated $2,351,333 on 692M1523F00017. Its potential value, with all options, is $2,857,839.
Is contract 692M1523F00017 an order under another contract?
Yes. 692M1523F00017 is a delivery order under 692M1522D00003, an indefinite delivery contract.
Was contract 692M1523F00017 competed?
The extent of competition for 692M1523F00017 was full and open competition.
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