This Purchase Order contract for Business Admin Services was awarded in FY2022 on October 25, 2021 to Miscellaneous Foreign Contractors by Bureau of South and Central Asian Affairs. There have been $10.1k in obligations to date with a ceiling value of $10.1k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 2 offers received.
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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