N0040622P0464 - OVERHAUL KIT FOR SGC2817 283 COMPRESS
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Industrial Products & Machinery > Industrial Products & Services was awarded in FY2022 on May 17, 2022 to VES COMPANY, INC. by MSC Fleet Ordnance and Dry Cargo (PM6). There have been $91k in obligations to date with a ceiling value of $91k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 4 offers received.
VES COMPANY, INC. is a contractor located in NV, doing primarily Industrial Products & Machinery > Industrial Products & Services work for Navy. The company receives $1.8M 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
- N0040622P0464
- Contractor
- VES COMPANY, INC.
- Obligations to Date
- $91k
- Ceiling Value
- $91k
- Award Date
- 05/17/2022
- Contract Type
- Purchase Order
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Navy»Military Sealift Command»MSC Ship Management (N03)»MSC Fleet Ordnance and Dry Cargo (PM6)
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