This Purchase Order contract for Economic & Public Policy > Research and Development was awarded in FY2019 on Mar 1, 2019 to TUCKER INNOVATIONS INCORPORATED by 338th Enterprise Sourcing Squadron. There have been $75k in obligations to date with a ceiling value of $75k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 1 offer received.
TUCKER INNOVATIONS INCORPORATED is a contractor located in NC, doing primarily Weapons > Research and Development work for Navy. 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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