This Purchase Order contract for Navigation & Communications Equipment was awarded in FY2023 on Aug 17, 2023 to K5 DEFENSE LLC by 47th Operations Support Squadron. There have been $60.6k in obligations to date with a ceiling value of $60.6k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 5 offers received. We expect a 1 year duration with ultimate completion date of Aug 30, 2024.
K5 DEFENSE LLC is a contractor located in FL, doing primarily Electrical & Electronics Equipment > Electronic & Communication Equipment work for Defense. 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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