FA864924P0130 - LEVERAGING ARTIFICIAL INTELLIGENCE AND MACHINE LEA...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Aerospace & Defense > Research and Development was awarded in FY2024 on Feb 27, 2024 to ELEVAN LLC by AFWERX (RG). There have been $110k in obligations to date with a ceiling value of $110k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 418 offers received.
ELEVAN LLC is a contractor located in TX, doing primarily Aerospace & Defense > Equipment Related Services work for Air Force. The company receives $339.2k 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
- FA864924P0130
- Contractor
- ELEVAN LLC
- Obligations to Date
- $110k
- Ceiling Value
- $110k
- Award Date
- 02/27/2024
- Contract Type
- Purchase Order
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Air Force»Air Force Materiel Command»Air Force Research Laboratory»AFWERX (RG)
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