This Purchase Order contract for Electrical & Electronics Equipment > Electronic & Communication Equipment was awarded in FY2005 on March 03, 2005 to UNIVERSAL SEMICONDUCTOR INC by DLA Land and Maritime. There have been $13.9k in obligations to date with a ceiling value of $13.9k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 2 offers received.
UNIVERSAL SEMICONDUCTOR INC is a contractor located in FL, doing primarily Automotive Parts & Products > Sustainment S&E work for Defense. 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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