This Purchase Order contract for Facilities Purchase & Lease was awarded in FY2016 on Apr 18, 2016 to BULFINCH CONGRESS HOLDINGS LLC by Region 8 Denver CO (MT, ND, SD, UT, WY). There have been $20.4k in obligations to date with a ceiling value of $20.4k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 4 offers received. We expect a 1 year duration with ultimate completion date of Mar 31, 2017.
BULFINCH CONGRESS HOLDINGS LLC is a contractor located in MA, doing primarily Facilities Purchase & Lease work for Housing and Urban Development. The company receives $20.4k 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.
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