Blanket Purchase Agreement 11316023A0001EOP

The federal contract IDV is a Blanket Purchase Agreement (BPA) awarded by the Executive Office of the President to Colonial Parking, Inc., a subsidiary of The Forge Company, for the leasing of commercial parking spaces in Washington, D.C. The BPA has a total ceiling value of $6,000,000 and a period of performance through December 31, 2027. The contract provides parking support for various agencies within the Executive Office of the President, including the Office of the U.S. Trade Representative, Office of National Drug Control Policy, and Office of Administration. Task orders issued against the BPA have ranged from $49,005 to $683,308.80 in ceiling value, with firm fixed-price structures. No set-aside designations were used for this IDV or its associated task orders. Colonial Parking, as the prime contractor, may utilize subcontractors as needed to fulfill the contract requirements, which include leasing commercial parking spaces, managing parking facilities, and issuing parking permits to support the operations of these federal agencies in the nation's capital.

The purpose of this IDV is to provide a flexible mechanism for the Executive Office of the President and its component agencies to efficiently procure parking services as needed to support their missions and operations in Washington, D.C. The BPA allows the government to issue task orders or calls for parking on an as-needed basis, rather than requiring separate contract actions, providing administrative efficiencies. Colonial Parking, with its extensive experience in providing parking solutions to federal civilian agencies, is well-positioned to deliver the required services through this long-term IDV contract vehicle.