M6700420P2004 - CONSOLIDATED STORAGE PROGRAM SUPPORT -FFP
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Logistics > Professional Services was awarded in FY2020 on Aug 7, 2020 to Primetech International, Inc. by Marine Corps Logistics Base - Albany. There have been $12.9M in obligations to date with a ceiling value of $19.2M, showing a 67% 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 Jun 21, 2021.
Primetech International, Inc. is a contractor located in MO, doing primarily Logistics > Professional Services work for Marine Corps. The company receives $27.6M 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
- M6700420P2004
- Contractor
- PRIMETECH INTERNATIONAL, INC.
- Obligations to Date
- $12.9M
- Ceiling Value
- $19.2M
- Award Date
- 08/07/2020
- 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)»Marine Corps Logistics Base - Albany
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