Regional innovation cluster (RIC) services for the small business administration (SBA)

Ended Definitive Contract Awarded Last action

Contract number
73351021C0015
Awardee
Awarding agency
Obligated
$1,077,575

Award facts

Opportunity
Contract value 78% obligated
  • $1,077,574.74 Current, with exercised options
  • $1,377,506.73 Potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Funding agency
Office of Investments and Innovations Small Business Administration
Set-aside
Total Small Business
Competition
Competed under SAP · 16 offers Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20416, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00008 · OII regional innovation cluster (RIC) services $0
Terminate for Convenience P00007 · OII regional innovation cluster (RIC) services EO: radical transparency about wasteful spending -$106,419
Terminate for Convenience P00006 · OII regional innovation cluster (RIC) services $0
Exercise an Option P00005 · The purpose of modification P00005 issued to 73351021C0015 is for the following: 1) decrease clin 0001 by $9,019.27, clin 1001 by $2,965.37.00, clin 1002 by… $284,198
Other Administrative Action P00004 · The purpose of modification P00004 is to add SBA logo usage language. $0
Exercise an Option P00003 · The purpose of modification P00003 is to change the COR from philip gibson to renee sperling, and exercise and fund option year 2. $299,932
Other Administrative Action P00002 · The purpose of this modification is to change the contracting officer from pedro arritola to nikeena brown $0
Exercise an Option P00001 · The purpose of this modification is to exercise option year 1 for regional innovation cluster (RIC) services for the small business administration (SBA). $299,932
Original award $299,932

About this award

Written by GovTribe AI ·

This federal contract award is for Regional Innovation Cluster (RIC) Services for the Small Business Administration (SBA). The contract was awarded to Development Capital Networks, LLC, a small business, on September 29, 2021 with a ceiling value of $1,377,506.73. The contract has a 12-month base period with four 12-month option periods, for a total potential duration of up to 60 months.

The contract was awarded under a solicitation that was 100% set aside for small businesses under NAICS code 541690 for management consulting services. The SBA's Office of Entrepreneurial Development (OED) was seeking contractors to create new regional clusters involving public-private partnerships to align federal resources with existing state and local resources and economic growth opportunities. The services are to be performed at the contractor's facilities or other locations at the contractor's discretion based on the regional location of the work.

Quick answers

Who was awarded contract 73351021C0015?

73351021C0015 was awarded to Development Capital Networks, LLC by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 29, 2021.

How much is contract 73351021C0015 worth?

The government has obligated $1,077,575 on 73351021C0015. Its potential value, with all options, is $1,377,507.

Which agency awarded contract 73351021C0015?

Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351021C0015, with funding from Office of Investments and Innovations (Small Business Administration).

Was contract 73351021C0015 competed?

The extent of competition for 73351021C0015 was competed under sap. The government received 16 offers. It was set aside: Total Small Business.

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