Platform One Basic Ordering Agreement

A Platform One Basic Ordering Agreement, or BOA, is a type of contract that is commonly used in the government contracting industry. It is a pre-negotiated agreement between the government and a contractor that allows for a streamlined ordering process for goods and services.

Under a BOA, a contractor agrees to provide certain goods or services to the government at pre-negotiated prices and terms. The government can then issue orders for those goods or services without needing to go through the full procurement process each time.

BOAs are used for a variety of goods and services, from office supplies to IT services. They can be established for a specific period of time or for a stated dollar amount.

One of the main benefits of a BOA is that it allows for a faster and more efficient procurement process. By pre-negotiating terms and prices, the government can avoid the time-consuming process of negotiating individual contracts for each order.

Another benefit is that BOAs can save money. Because the terms and prices are pre-negotiated, the government can often get better pricing than if they were to negotiate individual contracts each time.

BOAs are also beneficial for contractors. By establishing a BOA, a contractor can secure a steady stream of business from the government without needing to compete for each individual order.

In order to establish a BOA, a contractor must first be awarded a contract through a competitive procurement process. The BOA is then established through negotiations between the government and the contractor.

Once established, the BOA is typically used for a set period of time or for a set dollar amount. The government can issue orders under the BOA as needed, up to the specified dollar amount or until the end of the contract period.

In conclusion, a Platform One Basic Ordering Agreement is a pre-negotiated agreement between the government and a contractor that allows for a streamlined procurement process. BOAs can save time and money for both the government and the contractor, and are beneficial for a variety of goods and services. If you are a government contractor, it is worth exploring the possibility of establishing a BOA with the government to streamline your business operations.