Economic Affairs

Agency facts

Sub-tier code
131E
Organization

Agency codes and contract spending come from SAM.gov/FPDS.

About this agency

The Department of Commerce Economic Affairs is a civilian sub-agency that administers federal contract awards in support of Commerce's economic policy and development mission. The agency has awarded 51 federal contracts since 1990, with highly limited recent activity — the most recent contract award closed on May 16, 2013, making the contract portfolio dormant for over a decade. Annual contract volume in the late 1990s ranged from 6 to 13 awards per year (8 awards in 1997, 13 in 1998, 6 in 1999, 7 in 2000), followed by a single award in 2013 and no recorded activity thereafter. Combined award potential value reported at $4 thousand, though combined dollars obligated reached $2.4 million — a discrepancy reflecting heavy use of modifications, option exercises, or below-threshold purchase orders that inflated obligation levels beyond initial contract ceilings. The contractor base is fragmented across 19 distinct primes with no concentration data available from the source. The set-aside mix shows 88 percent of awards issued without set-aside designation (45 awards) and 12 percent under Total Small Business set-asides (6 awards).

No recent contract opportunities are recorded against the Department of Commerce Economic Affairs or its subordinate offices. No grant-award activity or grant opportunities are present in the source data. The absence of contract activity since 2013 and the lack of any open solicitations signal that this sub-agency does not represent an active procurement channel for business development purposes at present. Firms with prior relationships or specialized expertise in Commerce economic-affairs contracting may monitor for future activity, but the current portfolio suggests this office is not actively competing work or funding new starts.

Quick answers

What is Economic Affairs?

Economic Affairs is part of Department of Commerce.

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