M6700411P0126 - CSP IIF OPERATIONS
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract was awarded in FY2011 on Dec 15, 2010 to Lion Group, Inc by MARCORLOGCOM Supply Chain Management Center (SCMC). There have been $6.4M in obligations to date with a ceiling value of $6.4M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of Apr 15, 2011.
Lion Group, Inc is a contractor located in OH, doing primarily Logistics > Professional Services work for Defense. The company receives $4.8M 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.
- Contract Number
- M6700411P0126
- Contractor
- LION-VALLEN LIMITED PARTNERSHIP
- Obligations to Date
- $6.4M
- Ceiling Value
- $6.4M
- Award Date
- 12/15/2010
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Marine Corps»Deputy Commandant, Installations and Logistics (I&L)»Marine Corps Logistics Command (MARCORLOGCOM)»MARCORLOGCOM Supply Chain Management Center (SCMC)
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