W31P4Q18P0129 - THIS IS A COMMERCIAL FIRM-FIXED PRICE PURCHASE ORD...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Aerospace & Defense > Research and Development was awarded in FY2018 on Jul 30, 2018 to Southern Research Institute by Aviation & Missile Center. There have been $19k in obligations to date with a ceiling value of $19k, 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 1, 2019.
Southern Research Institute is a contractor located in AL, doing primarily Aerospace & Defense > Research and Development work for Health and Human Services. The company receives $24.1M 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
- W31P4Q18P0129
- Contractor
- SOUTHERN RESEARCH INSTITUTE
- Obligations to Date
- $19k
- Ceiling Value
- $19k
- Award Date
- 07/30/2018
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Army»Army Futures Command»Combat Capabilities Development Command»Aviation & Missile Center
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