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BPABlanket Purchase Agreement

Blanket Purchase Agreement - simplified ordering arrangement for recurring needs.

Definition

BPA Blanket Purchase Agreement - simplified ordering arrangement for recurring needs.

FAR Part 13

Definition

A Blanket Purchase Agreement (BPA) is a simplified method of filling anticipated repetitive needs for supplies or services. BPAs establish pricing and terms but don't guarantee orders. They're often established against GSA Schedules for commonly purchased items.

Official Source

FAR Part 13

Related Terms

  • GSA Schedule

    Long-term contract allowing sales to all federal agencies.

  • IDIQ

    Indefinite Delivery/Indefinite Quantity - umbrella contract for task orders.

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