75N93022P01066 - SECURITY FORTIFY STATIC CODE ANALYZER FLEXIBLE DEP...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for IT Hardware was awarded in FY2022 on Aug 24, 2022 to VCLOUD TECH INC. by National Institute of Allergy and Infectious Diseases. There have been $54.2k in obligations to date with a ceiling value of $102.9k, showing a 53% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 6 offers received. We expect a 5 year duration with ultimate completion date of Mar 22, 2027.
VCLOUD TECH INC. is a contractor located in CA, doing primarily IT Hardware work for Navy. The company receives $6.1M 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
- 75N93022P01066
- Contractor
- VCLOUD TECH INC
- Obligations to Date
- $54.2k
- Ceiling Value
- $102.9k
- Award Date
- 08/24/2022
- Contract Type
- Purchase Order
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Health and Human Services»National Institutes of Health»National Institute of Allergy and Infectious Diseases
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