Treasury Award | 20341223P00005 | ELLIPTIC INVESTIGATOR SOFTWARE

20341223P00005 - ELLIPTIC INVESTIGATOR SOFTWARE

Federal Contract Award Search » Purchase Order Award

This Purchase Order contract for IT Hardware was awarded in FY2023 on Nov 30, 2022 to ELLIPTIC INC. by FinCEN Technology Division. There have been $45k in obligations to date with a ceiling value of $45k, 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 3 year duration with ultimate completion date of Nov 30, 2025.

ELLIPTIC INC. is a contractor located in NY, doing primarily IT Outsourcing work for Treasury. The company receives $683.8k 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.

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Contract Number
20341223P00005
Contractor
ELLIPTIC INC.
Obligations to Date
$45k
Ceiling Value
$45k
Award Date
11/30/2022
Contract Type
Purchase Order
Competition Set Aside Type
No set aside used

Buying Agency/Office
Treasury»Financial Crimes Enforcement Network (FinCEN)»FinCEN Technology Division


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