Contract 47PE0523D0002

Otis Elevator Company · General Services Administration · August 21, 2024

Firm Fixed PriceFull & Open CompetitionNAICS 238290

Otis Elevator Company was awarded a federal contract by General Services Administration (Public Buildings Service) on August 21, 2024 for $1.19 million of work in other building equipment contractors. It was awarded under full and open competition. The contract has been modified 2 times since the base award It uses firm fixed-price contract pricing. The most recent modification was on September 30, 2025. If all options are exercised, the contract could reach $5.00 million.

Obligated to date
$1.19M
$1,194,528
Potential value
$5.00M
if all options exercised
Modifications
2
Latest September 30, 2025

Contract details

PIID
47PE0523D0002
Award type
Indefinite Delivery / Indefinite Quantity
Pricing
Firm Fixed Price
Set-aside
No Set Aside Used.
Competition
Full And Open Competition
NAICS
238290 · Other Building Equipment Contractors
Product / service
Maint/Repair/Rebuild Of Equipment- Materials Handling Equipment
First action
August 21, 2024
Latest action
September 30, 2025

Description

EXERCISE OPTION PERIOD OPTION II, YR. 5 -2016 OTIS GRP2 MULTI-REG ELEV MAINTENANCE.

Modification timeline

  • September 30, 2025
    Mod PS0008 · Exercise An Option
    $1.82M
  • March 11, 2025
    Mod PS0005
    $7.3K
  • August 21, 2024
    Mod PO0002 · Exercise An Option
    OTIS MUTI-REGIONAL ELEVATOR MAINTENANCE CONTRACT GRP 2 REGION 04 EXERCISING OPTION II, 4TH YR OF CONTRACT FOR VARIOUS LOCATIONS IN REGIONS 4, 8, AND 10.
    $952.3K

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Frequently asked questions

What is contract 47PE0523D0002?

Contract 47PE0523D0002 is a federal contract awarded to Otis Elevator Company by General Services Administration on August 21, 2024 for $1.19 million of work classified under OTHER BUILDING EQUIPMENT CONTRACTORS. It has been modified 2 times since the base award.

Who won contract 47PE0523D0002?

Otis Elevator Company won contract 47PE0523D0002 from General Services Administration.

How much is contract 47PE0523D0002 worth?

Contract 47PE0523D0002 has obligated $1.19 million to date, with a total potential value of $5.00 million if all options are exercised.