19AQMM24P1147 - ---------- COMMENTS: COR NOMINATED: ANDREA PAULOPO...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for International Affairs > Professional Services was awarded in FY2024 on Sep 23, 2024 to THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE (VERTIC) by Bureau of Arms Control, Verification, and Compliance. There have been $222k in obligations to date with a ceiling value of $222k, 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 Sep 28, 2025.
THE VERIFICATION RESEARCH TRAINING AND INFORMATION CENTRE (VERTIC) is a contractor doing primarily International Affairs work for State. 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
- 19AQMM24P1147
- Obligations to Date
- $222k
- Ceiling Value
- $222k
- Award Date
- 09/23/2024
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- State»Arms Control and International Security»Bureau of Arms Control, Verification, and Compliance
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