140D0424P0218 - APPRAISAL SERVICE FOR: AVIS PROJECT NUMBER: L23010...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Real Estate Services was awarded in FY2024 on Aug 27, 2024 to CBRE INC by DOI Appraisal and Valuation Services Office (AVSO). There have been $48.5k in obligations to date with a ceiling value of $48.5k, 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 1, 2025.
CBRE INC is a contractor located in TX, doing primarily Real Estate Services work for Interior. The company receives $18k 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
- 140D0424P0218
- Contractor
- CBRE INC
- Obligations to Date
- $48.5k
- Ceiling Value
- $48.5k
- Award Date
- 08/27/2024
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Interior»DOI Office of the Secretary»DOI Office of Policy, Management and Budget (PMB)»DOI-PMB Administrative Services»DOI Appraisal and Valuation Services Office (AVSO)
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