47PB0124P0006 - SERVICE FOR ORGANIZATIONAL CONSTRUCTION INDUSTRY I...

Federal Contract Award Search » Purchase Order Award

This Purchase Order contract for Business Admin Services was awarded in FY2024 on Sep 13, 2024 to University of Texas System by PBS Region 1 New England. There have been $41.1k in obligations to date with a ceiling value of $205.5k, showing a 20% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 5 year duration with ultimate completion date of Sep 30, 2029.

University of Texas System is a contractor located in TX, doing primarily Aerospace & Defense > Research and Development work for Navy. The company receives $197M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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.

Read the full report

Contract Number: 47PB0124P0006

Contractor: UNIVERSITY OF TEXAS AT AUSTIN

Obligations to Date: $41.1k

Ceiling Value: $205.5k

Award Date: 09/13/2024

Contract Type: Purchase Order

Competition Set Aside Type: No set aside used

Buying Agency/Office: General Services Administration»Public Buildings Service»PBS Regional Offices»PBS Region 1 New England

Read the full report

Win More Federal Business

Imagine a world where every report, every insight is tailored specifically to you. Our entire platform is configured around your past performance so that everything is relevant.