1333ND25PNB730007 - NIST EXHIBITOR SPACE FOR THE 2025 INTERNATIONAL CO...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Facilities Purchase & Lease was awarded in FY2025 on Oct 29, 2024 to INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS, INCORPORATED, THE by National Institute of Standards and Technology (NIST). There have been $18k in obligations to date with a ceiling value of $18k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of May 23, 2025.
INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS, INCORPORATED, THE is a contractor located in NJ, doing primarily Printed/Published Media work for Air Force. The company receives $3.3M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Purchase orders offer the Federal Government an avenue to streamline smaller purchases. Compared to the typical procurement process, where a requirement moves through several milestones before award, purchase orders allow for a quick turnaround to fulfill commodity and service needs. The total value of a transaction is the primary prerequisite for the use of purchase orders. In more familiar terms, purchase orders resemble a trip to a local retail store to buy a few items.
- Contract Number
- 1333ND25PNB730007
- Obligations to Date
- $18k
- Ceiling Value
- $18k
- Award Date
- 10/29/2024
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Commerce»National Institute of Standards and Technology (NIST)
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