This Purchase Order contract for IT Outsourcing was awarded in FY2019 on Jul 11, 2019 to PREVENTION RESEARCH INSTITUTE INC by Navy Manpower Analysis Center (NAVMAC). There have been $221.6k in obligations to date with a ceiling value of $249.1k, showing a 89% 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 Jul 14, 2020.
PREVENTION RESEARCH INSTITUTE INC is a contractor located in KY, doing primarily IT Outsourcing work for Navy. The company receives $296.8k 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.
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