FA520524P0007 - 4X4 SUV COMPACT FOR 35 LRS, MISAWA AIR BASE, JAPAN
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Automotive Parts & Products > Transportation and Logistics Services was awarded in FY2024 on Jan 8, 2024 to FUTUREBUD INTERNATIONAL CO., LTD. by Support Equipment & Vehicles Division (WNZ). There have been $18k in obligations to date with a ceiling value of $18k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 3 offers received.
FUTUREBUD INTERNATIONAL CO., LTD. is a contractor doing primarily Automotive Parts & Products > Transportation and Logistics Services work for Marine Corps. The company receives $1.9M 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.
- Contract Number
- FA520524P0007
- Contractor
- FUTUREBUD INTERNATIONAL CO., LTD.
- Obligations to Date
- $18k
- Ceiling Value
- $18k
- Award Date
- 01/08/2024
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Air Force»Air Force Materiel Command»Air Force Life Cycle Management Center»Agile Combat Support Directorate (WN)»Support Equipment & Vehicles Division (WNZ)
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