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Department of Defense Awarded a Contract to STRATEGIC TECHNOLOGY INSTITUTE INC for $11,400,000,000.00
Signed on
11/22/2016, 12:00 AM
STRATEGIC TECHNOLOGY INSTITUTE INC Government Contract #FA810817D0006
STRATEGIC TECHNOLOGY INSTITUTE INC was awarded a contract with the United States Government for $11,400,000,000.00. The contract was awarded by the agency office FA8108 AFSC PZIE, which is a division with the Department of the Air Force within the Department of Defense.
Summary of Award
The recipient of the federal contract is Strategic Technology Institute Inc, a U.S.-owned small business located in Rockville, Maryland. The contract, funded by the Department of Defense, is for Contract Field Team (CFT) services in the area of maintenance, repair, and rebuilding of equipment, specifically weapons. The contract is valued at $11,400,000,000 with a start date of December 1, 2016, and an end date of May 31, 2026. Notably, the contract involves a multi-year agreement with a firm-fixed price approach.