This Purchase Order contract for IT Hardware was awarded in FY2024 on Sep 10, 2024 to VCLOUD TECH INC. by Nuclear Command, Control and Communications Integration Directorate (NC3). There have been $15.7k in obligations to date with a ceiling value of $15.7k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 7 offers received. We expect a 1 year duration with ultimate completion date of Nov 17, 2025.
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.
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