INL09PX00362 - AMFO CLIFFSIDE, LUBRICATION OILS CY 2009
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for International Affairs was awarded in FY2009 on Apr 1, 2009 to TEPPCO CRUDE OIL, L.P. by . There have been $74.8k in obligations to date with a ceiling value of $90.9k, showing a 82% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Mar 31, 2010.
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
- INL09PX00362
- Contractor
- TEPPCO CRUDE OIL, L.P.
- Obligations to Date
- $74.8k
- Ceiling Value
- $90.9k
- Award Date
- 04/01/2009
- Contract Type
- Purchase Order
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
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