This Purchase Order contract for Passenger Travel was awarded in FY2017 on January 19, 2017 to SPOTSWOOD COMPANIES INC. by US Army South. There have been $19.5k in obligations to date with a ceiling value of $21.3k, showing a 92% burn rate so far on the contract. The contract was not competed under any preference program with 1 offer received.
SPOTSWOOD COMPANIES INC. is a contractor located in FL, doing primarily Passenger Travel work for Army. The company receives $1.8k 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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