This Purchase Order contract for Facility Related Services > Facilities Maintenance was awarded in FY2023 on September 14, 2023 to KEITH WALKER by National Marine Fisheries Service (NMFS). There have been $40k in obligations to date with a ceiling value of $84k, showing a 48% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 2 offers received. We expect a 2 year duration with ultimate completion date of September 30, 2025.
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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