Summit Point sold to the U.S. Government
09-18-2009 | 07:19 PM
#16
uninformed gas bag
(contemplating on whether gas bag is one or two words)
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(contemplating on whether gas bag is one or two words)
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Joined: Dec 2006
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From: Melbourne Beach
That only shows that they had (have) a federal contract. That has nothing to do with buying or selling the land. From that limited info, it shows that they were paid $5+ million to train federal agents. Nothing there to worry about in regards to sale of the place. It was a service contract.
09-18-2009 | 07:50 PM
#17
Drifting
Joined: Jan 2009
Posts: 3,029
Likes: 66
From: Chesapeake, VA
Yeah, that's clearly not sold, they're just contracted to provide training and other services. FYI, FY09 ends in 2 weeks. FY10 starts Oct 1st.
Looks like little changed between FY08 and FY09. Not to say it won't change in FY10, but not enough info right now. It also looks like an ID/IQ, where they negotiate a giant contract, and then make small purchase orders off it.
Looks like little changed between FY08 and FY09. Not to say it won't change in FY10, but not enough info right now. It also looks like an ID/IQ, where they negotiate a giant contract, and then make small purchase orders off it.
09-18-2009 | 09:07 PM
#18
Racer
Joined: Mar 2003
Posts: 486
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From: NJ
09-19-2009 | 12:03 AM
#19
Drifting
Joined: Oct 2002
Posts: 2,579
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From: McLean, VA
THIS IS JUST A RUMOR AT THIS POINT.
This story has been around in many forms for quite a while, driven by the dramatic increase in State Department contracts let to Summit Point. As Chris said in his opening post, he 'heard it from a guy'.
PCA Potomac is trying to fact check the status of the track's ownership. All we know right now is that our guys who deal with the track on a regular basis have not heard word of a sale, pending or otherwise.
This is not to say it's not true, just that we have not yet been able to confirm the facts.
This story has been around in many forms for quite a while, driven by the dramatic increase in State Department contracts let to Summit Point. As Chris said in his opening post, he 'heard it from a guy'.
PCA Potomac is trying to fact check the status of the track's ownership. All we know right now is that our guys who deal with the track on a regular basis have not heard word of a sale, pending or otherwise.
This is not to say it's not true, just that we have not yet been able to confirm the facts.
09-19-2009 | 05:36 PM
#24
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From: Northern Virginia
OMG This is biggest rumor with no basis. Today it is $6M, yesterday you posted on another forum it was 8.2M
The US Gov't spends several $M with Summit Point (BSR, Inc) each year for training costs and the lease of the new training facilities along the front straight.
No one in their right mind is going to sell over 250 Acres with 3 tracks, 3 skid pads, a go kart facility, shooting ranges, 30K sqr feet of indoor training facilities, off road courses and a fleet of vehicles for $6M... 1.5 Hours from Wash DC?
The US Gov't spends several $M with Summit Point (BSR, Inc) each year for training costs and the lease of the new training facilities along the front straight.
No one in their right mind is going to sell over 250 Acres with 3 tracks, 3 skid pads, a go kart facility, shooting ranges, 30K sqr feet of indoor training facilities, off road courses and a fleet of vehicles for $6M... 1.5 Hours from Wash DC?
09-20-2009 | 12:23 PM
#27
Perfect Angel
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From: Beyond the Pale
Actually they are very serious about anti terrorism training. Teaching convoys how to shuttle dignitaries through an ambush, how to stop fleeing suspects, etc. It ain't no joke and the guys that go out there from the Feds to Triple Canopy and Blackwater look, well, I'm just glad they are on our side.
