693JJ324P000002 - THE PURPOSE OF THIS PR IS TO PAY FOR THE RENTAL OF...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Business Admin Services was awarded in FY2024 on Dec 20, 2023 to HARGROVE, INC. by Office of Research, Development and Technology. There have been $21.3k in obligations to date with a ceiling value of $21.3k, 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 1 year duration with ultimate completion date of Jan 31, 2024.
HARGROVE, INC. is a contractor located in MD, doing primarily Program Management work for State. The company receives $150.1k 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
- 693JJ324P000002
- Contractor
- HARGROVE, LLC
- Obligations to Date
- $21.3k
- Ceiling Value
- $21.3k
- Award Date
- 12/20/2023
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Transportation»DOT Federal Highway Administration»Office of Research, Development and Technology
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