This Purchase Order contract for Test & Measurement Supplies was awarded in FY2006 on March 07, 2006 to INSTRON by US Army Medical Research Acquisition Activity. There have been $27.6k in obligations to date with a ceiling value of $27.6k, showing a 100% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received.
INSTRON is a contractor located in MA, doing primarily Equipment Maintenance work for Energy. 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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