692M1520P00040 - PURCHASE OF NATIONAL INSTRUMENTS DATA ACQUISITION ...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for IT Hardware was awarded in FY2020 on May 13, 2020 to Tevet LLC by DOT Federal Aviation Administration. There have been $17.9k in obligations to date with a ceiling value of $17.9k, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 3 offers received. We expect a 1 year duration with ultimate completion date of May 12, 2021.
Tevet LLC is a contractor located in TN, doing primarily Test & Measurement Supplies work for Army. The company receives $3.7M 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.
- Contract Number
- 692M1520P00040
- Contractor
- TEVET, LLC
- Obligations to Date
- $17.9k
- Ceiling Value
- $17.9k
- Award Date
- 05/13/2020
- Contract Type
- Purchase Order
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Transportation » DOT Federal Aviation Administration
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