50310220P0055 - CURRENT BANKING INFORMATION ON COMPREHENSIVE BANK ...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for IT Software was awarded in FY2020 on Sep 9, 2020 to LACUNA CLIENTSCOPE LIMITED by Securities and Exchange Commission. There have been $174.8k in obligations to date with a ceiling value of $174.8k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Sep 14, 2025.
LACUNA CLIENTSCOPE LIMITED is a contractor doing primarily IT Hardware work for Treasury. The company receives $20k 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
- 50310220P0055
- Contractor
- LACUNA CLIENTSCOPE LIMITED
- Obligations to Date
- $174.8k
- Ceiling Value
- $174.8k
- Award Date
- 09/09/2020
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Securities and Exchange Commission
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