6973GH22P02323 - AIRCRAFT PROCUREMENT - CL605 CHALLENGER #5793 | Federal Compass

6973GH22P02323 - AIRCRAFT PROCUREMENT - CL605 CHALLENGER #5793

Federal Contract Award Search » Purchase Order Award

This Purchase Order contract for Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles was awarded in FY2022 on April 05, 2022 to JETCRAFT CORPORATION by DOT Federal Aviation Administration. There have been $11.4M in obligations to date with a ceiling value of $11.4M, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received.

JETCRAFT CORPORATION is a contractor located in NC, doing primarily Aerospace & Defense > Aircraft, Ships/Submarines & Land Vehicles work for Transportation. 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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Contract Number
6973GH22P02323
Contractor
Obligations to Date
$11.4M
Ceiling Value
$11.4M
Award Date
04/05/2022
Contract Type
Purchase Order
Competition Set Aside Type
No set aside used

Buying Agency/Office
Transportation » DOT Federal Aviation Administration


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