This Purchase Order contract for Test & Measurement Supplies was awarded in FY2022 on Nov 9, 2021 to HEALTH SYSTEMS SCIENCES, LLC by VISN 2 - New York/New Jersey VA Health Care Network. There have been $174.4k in obligations to date with a ceiling value of $221.4k, showing a 79% burn rate so far on the contract. The contract was competed under Service Disabled Veteran Owned Small Business Set-Aside preference program with 3 offers received. We expect a 4 year duration with ultimate completion date of Nov 9, 2025.
HEALTH SYSTEMS SCIENCES, LLC is a contractor located in MN, doing primarily Electrical & Electronics Equipment > Electronic & Communication Services work for Veterans Affairs. The company receives $83k 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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