86614324P00012 - UNPLANNED - NEW PURCHASE ORDER FOR LEFT AND RIGHT ...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Furniture was awarded in FY2024 on Jun 4, 2024 to OFS BRANDS HOLDINGS INC. by Philadelphia Field Operations Division. There have been $42.1k in obligations to date with a ceiling value of $42.1k, 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 May 12, 2025.
OFS BRANDS HOLDINGS INC. is a contractor located in IN, doing primarily Furniture work for Navy. The company receives $1.5M 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
- 86614324P00012
- Contractor
- OFS BRANDS HOLDINGS INC.
- Obligations to Date
- $42.1k
- Ceiling Value
- $42.1k
- Award Date
- 06/04/2024
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Housing and Urban Development»HUD Office of Administration»HUD Office of the Chief Procurement Officer»HUD Field Operations»Philadelphia Field Operations Division
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