N0017323P0705 - 200CC MARK V
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Test & Measurement Supplies was awarded in FY2023 on Mar 27, 2023 to VEECO PROCESS EQUIPMENT, INC. by Naval Research Laboratory (NRL). There have been $190.9k in obligations to date with a ceiling value of $190.9k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received.
VEECO PROCESS EQUIPMENT, INC. is a contractor located in MN, doing primarily Electrical & Electronics Equipment > Electronic & Communication Equipment work for Navy. The company receives $600.5k 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
- N0017323P0705
- Contractor
- VEECO PROCESS EQUIPMENT INC.
- Obligations to Date
- $190.9k
- Ceiling Value
- $190.9k
- Award Date
- 03/27/2023
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Navy»Office of Naval Research»Naval Research Laboratory (NRL)
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