W56KGZ23P7028 - CONSTRUCT WATER TANKS
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Construction & Related Services > Architect, Engineering & Construction was awarded in FY2023 on Aug 24, 2023 to LASTING SUCCESS COMPANY by 408th Contracting Support Brigade. There have been $15.3k in obligations to date with a ceiling value of $1.3M, showing a 1% burn rate so far on the contract. The contract was not competed under any preference program with 7 offers received. We expect a 1 year duration with ultimate completion date of May 30, 2024.
LASTING SUCCESS COMPANY is a contractor doing primarily Automotive Parts & Products > Transportation and Logistics Services work for Army. The company receives $2.1M 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
- W56KGZ23P7028
- Contractor
- LASTING SUCCESS COMPANY
- Obligations to Date
- $15.3k
- Ceiling Value
- $1.3M
- Award Date
- 08/24/2023
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Army»Army Materiel Command»Army Contracting Command»408th Contracting Support Brigade
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