20341321P00002 - PARKING LEASE FOR NY FIELD OFFICE
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Facilities Purchase & Lease was awarded in FY2021 on Jun 29, 2021 to LIFE SAFETY GROUP, LLC by SIGTARP Operations. There have been $15.7k in obligations to date with a ceiling value of $82.1k, showing a 19% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Feb 28, 2022.
LIFE SAFETY GROUP, LLC is a contractor located in MD, doing primarily Facilities Purchase & Lease work for Army. The company receives $2.9M 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
- 20341321P00002
- Contractor
- LIFE SAFETY GROUP, LLC
- Obligations to Date
- $15.7k
- Ceiling Value
- $82.1k
- Award Date
- 06/29/2021
- Contract Type
- Purchase Order
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Treasury»Special Inspector General, Troubled Asset Relief Program»SIGTARP Operations
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