This Purchase Order contract for Equipment Maintenance was awarded in FY2009 on November 05, 2008 to UNIVERSITY OF OREGON by Logistics Readiness Centers. There have been $24.7k in obligations to date with a ceiling value of $24.7k, showing a 100% 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 February 27, 2009.
UNIVERSITY OF OREGON is a contractor located in OR, doing primarily Education/Training > Research and Development work for Peace Corps. 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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