W912PA23P0028 - EXPLOSIVE DETECTION DEVICES INCLUDING HEAVY CONSUM...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Facility/Physical Security > Security and Protection was awarded in FY2023 on Sep 28, 2023 to LAURUS SYSTEMS INCORPORATED by USAG Benelux. There have been $144.3k in obligations to date with a ceiling value of $144.3k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 17 offers received. We expect a 1 year duration with ultimate completion date of Feb 28, 2024.
LAURUS SYSTEMS INCORPORATED is a contractor located in MD, doing primarily Facility/Physical Security > Security and Protection work for Air Force. The company receives $1.2M 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
- W912PA23P0028
- Contractor
- LAURUS SYSTEMS INC
- Obligations to Date
- $144.3k
- Ceiling Value
- $144.3k
- Award Date
- 09/28/2023
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- Army»Army Materiel Command»Army Installation Management Command (IMCOM)»European Region»USAG Benelux
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