The purpose of this modification P00007 is to deobligate funds in the amount of $23,177.72 and to administratively close out this E-contract in accordance with IAW far part 52.212-4(C), 4.804-5, and…
Ended Definitive Contract Awarded Last action
- Contract number
- 73351019C0008
- Awardee
-
LSI Business Development Inc. UEI XMF9L72R9WW5
- Awarding agency
-
Office of Performance Management and the Chief Financial Officer
Small Business Administration
- Obligated
- $2,476,822
Award facts
- Opportunity
-
- SBA - Regional Innovation Cluster Initiative Services - 2018 Pre-Solicitation · 73351018R0015 · Posted Jun 1, 2018
- SBA - Office of Entrepreneurial Development (OED) - Regional Innovation Cluster Initiative Services - 2018 Award Notice · Posted Feb 14, 2019
- SBA - Regional Innovation Cluster Initiative Services - 2018 Solicitation · Posted Jul 20, 2018
- Contract value 100% obligated
- $2,476,822.28 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Office of Entrepreneurial Development Small Business Administration
- NAICS code
- 541690 Other Scientific and Technical Consulting Services
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 44 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Layton, UT 84041, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$23,178 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $500,000 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $500,000 | |
| Exercise an Option | $500,000 | |
| Funding Only Action | $500,000 | |
| Original award | $500,000 |
About this award
This is a definitive contract awarded by the Small Business Administration's (SBA) Office of Entrepreneurial Development (OED) to LSI Business Development Inc., a for-profit small business, for Regional Innovation Cluster Initiative Services. The contract has a ceiling value of $2,476,822.28 and a period of performance through January 14, 2024. The contract is focused on providing services in Minnesota, and the services can be grouped into two main categories: Regional Innovation Cluster Services and Specialized Consulting Services. This contract was not set aside for any socioeconomic program. The contract was awarded under the "REGIONAL INNOVATION CLUSTER INITIATIVE SERVICES - SBA, OED - 2019 - WITH A FOCUS ON MINNESOTA" program, which aims to increase small business participation and economic activity through regional innovation clusters.
Description
The purpose of this modification P00007 is to deobligate funds in the amount of $23,177.72 and to administratively close out this E-contract in accordance with IAW far part 52.212-4(C), 4.804-5, and agency procedures. All other terms and conditions
Quick answers
Who was awarded contract 73351019C0008?
73351019C0008 was awarded to LSI Business Development Inc. by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on December 19, 2018.
How much is contract 73351019C0008 worth?
The government has obligated $2,476,822 on 73351019C0008.
Which agency awarded contract 73351019C0008?
Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351019C0008, with funding from Office of Entrepreneurial Development (Small Business Administration).
Was contract 73351019C0008 competed?
The extent of competition for 73351019C0008 was full and open competition. The government received 44 offers.
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