This Purchase Order contract for Science/Engineering > Research and Development was awarded in FY2023 on Apr 4, 2023 to UNIVERSITA' POLITECNICA DELLE MARCHE by Directorate of Military Missions. There have been $238k in obligations to date with a ceiling value of $238k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 12 offers received. We expect a 2 year duration with ultimate completion date of Apr 3, 2025.
UNIVERSITA' POLITECNICA DELLE MARCHE is a contractor located in ANCONA, doing primarily Science/Engineering > Research and Development work for Army. 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.
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