19GE5024P0103 - DESIGN, SUPPLY, DELIVERY AND INSTALLATION OF NEW A...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Electrical & Electronics Equipment > Electronic & Communication Services was awarded in FY2024 on Sep 29, 2024 to HYPERION INC by Bureau of East Asian and Pacific Affairs. There have been $941.1k in obligations to date with a ceiling value of $941.1k, 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 2 year duration with ultimate completion date of Mar 14, 2026.
HYPERION INC is a contractor located in VA, doing primarily IT Outsourcing work for Air Force. The company receives $398.8k 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
- 19GE5024P0103
- Contractor
- HYPERION, INC.
- Obligations to Date
- $941.1k
- Ceiling Value
- $941.1k
- Award Date
- 09/29/2024
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- State»Political Affairs»Bureau of East Asian and Pacific Affairs
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