N4215820270100 angle head assembly

Ended Purchase Order Awarded

Contract number
SPMYM122P0732
Awardee
Awarding agency
Obligated
$58,530

Award facts

Contract value 100% obligated
$58,530.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Funding agency
Naval Sea Systems Command Department of the Navy, Department of Defense
NAICS code
333517 Machine Tool Manufacturing
PSC
3417 Milling Machines
Set-aside
Total Small Business
Competition
Competed under SAP · 1 offer Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Portsmouth, VA 23709, USA

Award details come from SAM.gov/FPDS.

About this award

Panda Machine Tools Inc., operating as Hankook America Corp, was awarded a $58,530 firm fixed price purchase order by Naval Sea Systems Command for an angle head assembly. The contract, designated as a Total Small Business set-aside, was executed on February 23, 2022, with an ultimate completion date of April 20, 2022. Work will be performed in Portsmouth, Virginia, a location home to significant naval shipyard operations.

This award aligns with Panda Machine Tools' established role as the American distributor for Hankook CNC machine tools and provider of repair and maintenance services to the Department of the Navy. The company has a track record of supporting naval shipyard operations through maintenance and repair contracts for Hankook shaft lathes and CNC vertical turning centers, including services such as inspection, alignment, drive system repairs, and component restoration. The small business set-aside designation reflects Navy procurement policy to support qualified small business vendors in the industrial machinery repair and maintenance sector.

Quick answers

Who was awarded contract SPMYM122P0732?

SPMYM122P0732 was awarded to Panda Machine Tools Inc. by Land and Maritime (Defense Logistics Agency) on February 23, 2022.

How much is contract SPMYM122P0732 worth?

The government has obligated $58,530 on SPMYM122P0732.

Which agency awarded contract SPMYM122P0732?

Land and Maritime (Defense Logistics Agency) awarded SPMYM122P0732, with funding from Naval Sea Systems Command (Department of the Navy).

Was contract SPMYM122P0732 competed?

The extent of competition for SPMYM122P0732 was competed under sap. The government received 1 offer. It was set aside: Total Small Business.

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