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General Services Administration Awarded a Contract to BANCROFT VALIANT JOINT VENTURE LLC for $125,000,000.00

Signed on

12/7/2022, 12:00 AM

BANCROFT VALIANT JOINT VENTURE LLC Government Contract #47PD0223D0001

BANCROFT VALIANT JOINT VENTURE LLC was awarded a contract with the United States Government for $125,000,000.00. The contract was awarded by the agency office PBS R3 ACQ MGMT DIV SOUTH, which is a division with the Public Buildings Service within the General Services Administration.

Summary of Award

The recipient of the federal contract is Bancroft Valiant Joint Venture LLC, a small business located in Wilmington, Delaware. The contract is for general construction services within GSA Region 3, spanning from Philadelphia, PA, to Richmond, VA. The General Services Administration's Public Buildings Service funded the contract with a total value of $125,000,000. Notable details include that the contract falls under the small business set-aside category and involves repair or alteration of office buildings.

Contract Details

Contract ID47PD0223D0001
Contract TypeIDV_B_B
Total Obligation$0.00
Exercised Options
Base Amount + Options$125,000,000.00
Date Signed2022-12-07
Contract DescriptionMULTIPLE AWARD IDEFINITE DELIVERY INDEFINITE QUANTITY CONTRACT FOR GENERAL CONSTRUCTION SERVICES FOR GSA REGION 3. GEOGRAPHICAL BOUNDRIES PHILDELPHIA PA, TO RICHMOND, VA.
Start Date2023-01-01
End Date2025-12-31

Agency Details

Awarding AgencyGeneral Services Administration
Awarding Sub AgencyPublic Buildings Service
Awarding OfficePBS R3 ACQ MGMT DIV SOUTH
Funding AgencyGeneral Services Administration
Funding Sub AgencyPublic Buildings Service
Funding OfficePBS R3 ACQ MGMT DIV SOUTH

Recipient Details

RecipientBANCROFT VALIANT JOINT VENTURE LLC
Recipient Location1300 N GRANT AVE STE 101 WILMINGTON DELAWARE, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Self-Certified Small Disadvantaged Business, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

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