Titanium strategic buffer
Ended Awarded
- Contract number
- SP800024F0004
- Awardee
-
Titanium Metals Corp UEI JLTMS5197CE9
- Awarding agency
-
Strategic Materials
Defense Logistics Agency, Department of Defense
- Obligated
- $563,800
Award facts
- Opportunity
-
- SP800024Q0003 Solicitation number
- Contract value 100% obligated
- $563,800.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 541614 Process, Physical Distribution, and Logistics Consulting Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Toronto, OH 43964, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
About this award
This firm-fixed-price delivery order was awarded by the Defense Logistics Agency (DLA) Strategic Materials to Titanium Metals Corporation (Timet) on August 30, 2024 for $563,800.00. The contract is to provide storage and rotation services for a titanium strategic buffer stock, which is part of a larger $1,069,860 IDIQ contract awarded to Timet on September 27, 2023. This IDIQ contract, which runs through September 26, 2025, aims to reduce lead times for DLA and Department of Defense weapon system sustainment and manufacturing programs by maintaining strategic titanium inventory. Timet, a leading titanium supplier and subsidiary of Precision Castparts Corp, has established itself as a strategic partner in providing critical titanium materials and inventory holding services to support national defense infrastructure. This contract award is not set aside for any specific business categories.
Quick answers
Who was awarded contract SP800024F0004?
SP800024F0004 was awarded to Titanium Metals Corp by Strategic Materials (Defense Logistics Agency) on August 30, 2024.
How much is contract SP800024F0004 worth?
The government has obligated $563,800 on SP800024F0004.
Is contract SP800024F0004 an order under another contract?
Yes. SP800024F0004 is a delivery order under SP800023D0002, an indefinite delivery contract.
Was contract SP800024F0004 competed?
The extent of competition for SP800024F0004 was full and open competition.
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