FA940121P0048 - VIRTUAL WEAPONS TRAINING SYSTEM MOVE FROM BLDG 436...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Automotive Parts & Products > Equipment Related Services was awarded in FY2021 on Aug 25, 2021 to FAAC INCORPORATED by 377th Security Forces Squadron. There have been $11k in obligations to date with a ceiling value of $11k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received.
FAAC INCORPORATED is a contractor located in MI, doing primarily Training Aids & Devices work for Army. The company receives $20.4M 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
- FA940121P0048
- Contractor
- FAAC INCORPORATED
- Obligations to Date
- $11k
- Ceiling Value
- $11k
- Award Date
- 08/25/2021
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Air Force»Air Force Global Strike Command»20th Air Force»377th Air Base Wing»377th Security Forces Group»377th Security Forces Squadron
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