W15QKN15P0001 - RECOIL SYSTEM SEAL PARTS
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Consumer Products > Sustainment S&E was awarded in FY2015 on Nov 13, 2014 to LANCER SYSTEMS LP by Armaments Center. There have been $142.4k in obligations to date with a ceiling value of $142.4k, 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 1 year duration with ultimate completion date of Feb 5, 2015.
LANCER SYSTEMS LP is a contractor located in PA, doing primarily Industrial Products & Machinery > Industrial Products & Services work for Navy. 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
- W15QKN15P0001
- Contractor
- LANCER SYSTEMS LP
- Obligations to Date
- $142.4k
- Ceiling Value
- $142.4k
- Award Date
- 11/13/2014
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Army»Army Futures Command»Combat Capabilities Development Command»Armaments Center
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