This Purchase Order contract for IT Outsourcing was awarded in FY2021 on Feb 25, 2021 to Lumen Technologies, Inc. by 502nd Communications Squadron. There have been $1.4M in obligations to date with a ceiling value of $2.1M, showing a 70% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received. We expect a 5 year duration with ultimate completion date of Aug 31, 2026.
Lumen Technologies, Inc. is a contractor located in VA, doing primarily IT Outsourcing work for Defense. The company receives $622.1M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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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