For many reasons, purchase orders are a great tool for Government as well as Industry. It is one of the easiest ways for agencies to quickly procure goods and/or services for their customers.
Those buys are made even easier when agencies leverage the Simplified Acquisition Procedures (SAP), a fast-track acquisition method that has an inherent preference for small business concerns.
A key benefit to Industry is that pursuing purchase order buys, does not require investing time and money to acquire a GSA Schedule, Blanket Purchase Agreements or other Indefinite Delivery Vehicles.
FY2013 YTD, 64 federal agencies, boards and commissions have obligated over $9 billion to purchase orders for a wide range of goods and services represented by more than 1,100 NAICS Codes.
Additionally, over $6 billion was competitively awarded and over $5 billion was awarded to small business concerns.
Getting PO’d by Uncle Sam! provides a substantive spending snapshot for some of the top contracting offices around government based on YTD purchase order obligations.