This federal contract IDV is a Blanket Purchase Agreement (BPA) awarded by the Federal Accounting Standards Advisory Board (FASAB), a civilian agency, to Free State Reporting, Inc., a woman-owned small business based in Annapolis, Maryland.
The BPA has a ceiling value of $350,000 and is designed to provide recording and transcription services to support a variety of legal and administrative proceedings for FASAB and other civilian federal agencies. Specific services include transcriptions of hearings, depositions, meetings, focus groups, interviews, and bid protests. The contract is set up as a Multiple Award Schedule (MAS) agreement through the General Services Administration (GSA), allowing agencies to efficiently procure Free State Reporting's services on an as-needed basis. Task orders issued under the BPA range from $1,350 to $2,987.50 and use both time and materials and firm fixed price pricing arrangements. While some task orders are set aside for small businesses, the overall BPA does not have a socioeconomic designation. The period of performance extends through March 2028, demonstrating the long-term nature of the contractual relationship between Free State Reporting and its federal agency customers.