693JK324P000030 - THE PURCHASE OF THE NEW CENTURY SOFTWARE LICENSE &...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for IT Outsourcing was awarded in FY2024 on Jul 12, 2024 to MISTRAS GROUP, INC. by PHMSA Office of Administration. There have been $18.1k in obligations to date with a ceiling value of $96.1k, showing a 19% 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.
MISTRAS GROUP, INC. is a contractor located in NJ, doing primarily High Caliber Weapons work for National Aeronautics and Space Administration. 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
- 693JK324P000030
- Contractor
- MISTRAS GROUP INC
- Obligations to Date
- $18.1k
- Ceiling Value
- $96.1k
- Award Date
- 07/12/2024
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Transportation»DOT Pipeline and Hazardous Materials Safety Administration»PHMSA Office of Administration
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