80LARC20P0020 - THE ASSEMBLERS PROJECT WILL TRANSFORM IN-SPACE ASS...
Federal Contract Award Search » Purchase Order Award
This Purchase Order contract for Aerospace & Defense > Research and Development was awarded in FY2020 on May 18, 2020 to Virginia Polytechnic Institute and State University by Langley Research Center. There have been $336.5k in obligations to date with a ceiling value of $336.5k, 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 2 year duration with ultimate completion date of May 17, 2022.
Virginia Polytechnic Institute and State University is a contractor located in VA, doing primarily Science/Engineering > Research and Development work for Transportation. The company receives $17M 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
- 80LARC20P0020
- Obligations to Date
- $336.5k
- Ceiling Value
- $336.5k
- Award Date
- 05/18/2020
- Contract Type
- Purchase Order
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- National Aeronautics and Space Administration » Langley Research Center
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