This Purchase Order contract for Subsistence was awarded in FY2018 on October 01, 2017 to Government of the United States by VISN 9 - Mid South Health Care Network. There have been $8.1k in obligations to date with a ceiling value of $10k, showing a 81% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of October 09, 2018.
Government of the United States is a contractor doing primarily Textiles, Clothing & Personal Accessories work for Defense. The company receives $454.7M 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.
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