Award contract per LOA up-p-SAF ukraine comnav

Ended Definitive Contract Awarded Last action

Contract number
70Z02324C92200003
Awardee
Awarding agency
Obligated
$1,853,546

Award facts

Contract value 95% obligated
$1,946,454.52 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
PSC
1940 Small Craft
Set-aside
No set-aside
Competition
1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
Virginia Beach, VA 23455, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00004 · Up-p-SAF -$229,276
Funding Only Action P00003 · Modification to purchase additional spare parts. $92,908
Supplemental Agreement for work within scope P00002 · Authorize equipment substitution -$3,879
Funding Only Action P00001 · Deobligate funds -$9,899
Original award $2,096,601

About this award

The U.S. Coast Guard awarded a $1.95 million firm fixed-price definitive contract to Virginia Electronic Systems, Inc., a veteran-owned small business based in Virginia Beach, Virginia, on January 24, 2024. The contract, which is structured under a Letter of Offer and Acceptance for Ukraine and governed by FAR Part 4.804 closeout procedures, supports Foreign Military Sales (FMS) initiatives and carries an ultimate completion date of September 30, 2025. Virginia Electronic Systems specializes in maritime technology solutions and integrated command, control, communications, computers, intelligence, surveillance, and reconnaissance (C4ISR) systems, with particular expertise in communication and navigation (COMNAV) equipment procurement, system integration, and technical support for the transfer and modernization of decommissioned U.S. military vessels to allied nations.

This contract continues Virginia Electronic Systems' extensive portfolio of Coast Guard FMS work, which has represented over 75 percent of the company's federal contract awards since 2019 across multiple allied nations including Greece, Colombia, Lebanon, Sri Lanka, and Ukraine. The vendor maintains a Basic Ordering Agreement with Naval Sea Systems Command and has successfully competed in the open market without utilizing small business set-aside designations, demonstrating its competitive capability alongside larger contractors. The award reflects the Coast Guard's ongoing commitment to supporting Ukraine through the provision of maritime capabilities and modernized equipment as part of broader international security assistance objectives.

Quick answers

Who was awarded contract 70Z02324C92200003?

70Z02324C92200003 was awarded to Virginia Electronic Systems, Inc. by Coast Guard (Department of Homeland Security) on January 24, 2024.

How much is contract 70Z02324C92200003 worth?

The government has obligated $1,853,546 on 70Z02324C92200003. Its current value, with exercised options, is $1,946,455.

Was contract 70Z02324C92200003 competed?

The government received 1 offer.

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