This Purchase Order contract for Construction Related Materials > Facilities & Construction was awarded in FY2020 on Sep 30, 2020 to PARETI MOBILE WALLS, LLC by 90th Security Forces Group. There have been $132.7k in obligations to date with a ceiling value of $153k, showing a 87% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received. We expect a 1 year duration with ultimate completion date of Apr 19, 2021.
PARETI MOBILE WALLS, LLC is a contractor located in IA, doing primarily Construction Related Materials > Facilities & Construction work for Air Force. The company receives $153k 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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