This Purchase Order contract for Science/Engineering > Research and Development was awarded in FY2020 on March 12, 2020 to UNITED AIRCRAFT TECHNOLOGIES, INC. by Army Research Laboratory. There have been $110.7k in obligations to date with a ceiling value of $166.2k, showing a 67% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 1 offer received.
UNITED AIRCRAFT TECHNOLOGIES, INC. is a contractor located in NY, doing primarily Aerospace & Defense > Research and Development work for Air Force. The company receives $110.7k 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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