TFSACDF170003 - FOR OTHER FUNCTIONS AERIS RATING REPORTS AND PER...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Business Admin Services was awarded in FY2017 on Jun 28, 2017 to AERIS INSIGHT, INC. by OFI Community Economic Development. There have been $149k in obligations to date with a ceiling value of $149k, 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 4 year duration with ultimate completion date of Jun 30, 2021.
AERIS INSIGHT, INC. is a contractor located in PA, doing primarily Business Admin Services work for Treasury. The company receives $77.3k 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
- TFSACDF170003
- Contractor
- AERIS INSIGHT, INC.
- Obligations to Date
- $149k
- Ceiling Value
- $149k
- Award Date
- 06/28/2017
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Treasury»Office of Domestic Finance»Office of Financial Institutions»OFI Community Economic Development
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