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Department of the Interior Awarded a Contract to PRECISION, LLC for $49,500,000.00

Signed on

3/7/2022, 12:00 AM

PRECISION, LLC Government Contract #140D8022D0111

PRECISION, LLC was awarded a contract with the United States Government for $49,500,000.00. The contract was awarded by the agency office IBC ACQ SVCS DIRECTORATE (00004), which is a division with the Departmental Offices within the Department of the Interior.

Summary of Award

The recipient of the federal contract is PRECISION, LLC, a U.S.-owned small business in Oregon specializing in nonscheduled chartered passenger air transportation. The contract, valued at $49,500,000, was awarded by the Department of the Interior for on-call Type III helicopter flight services. Notable transactions include multiple modifications between 2022 and 2026 with no financial transactions recorded.

Contract Details

Contract ID140D8022D0111
Contract TypeIDV_B_B
Total Obligation$0.00
Exercised Options
Base Amount + Options$49,500,000.00
Date Signed2022-03-07
Contract DescriptionON-CALL TYPE III HELICOPTER FLIGHT SERVICES
Start Date2022-05-01
End Date2027-04-30

Agency Details

Awarding AgencyDepartment of the Interior
Awarding Sub AgencyDepartmental Offices
Awarding OfficeIBC ACQ SVCS DIRECTORATE (00004)
Funding AgencyDepartment of the Interior
Funding Sub AgencyDepartmental Offices
Funding OfficeIBC ACQ SVCS DIRECTORATE (00004)

Recipient Details

RecipientPRECISION, LLC
Recipient Location3800 NE THREE MILE LN MCMINNVILLE OREGON, UNITED STATES
Business CategoriesCategory Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00004$0.00June 2, 2026

Departmental Offices, a sub agency of Department of the Interior, issued a payment of $0.00 to PRECISION, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00December 16, 2025

Departmental Offices, a sub agency of Department of the Interior, issued a payment of $0.00 to PRECISION, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00January 26, 2024

Departmental Offices, a sub agency of Department of the Interior, issued a payment of $0.00 to PRECISION, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00June 9, 2023

Departmental Offices, a sub agency of Department of the Interior, issued a payment of $0.00 to PRECISION, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$0.00March 7, 2022

Departmental Offices, a sub agency of Department of the Interior, issued a payment of $0.00 to PRECISION, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.