Regional innovation cluster (RIC) services for the small business administration (SBA)
Ended Definitive Contract Awarded Last action
- Contract number
- 73351021C0016
- Awardee
-
Larta Inc. UEI CL48AHXDZ1J4 Part of Larta Institute
- Awarding agency
-
Office of Performance Management and the Chief Financial Officer
Small Business Administration
- Obligated
- $887,406
Award facts
- Opportunity
-
- Regional Innovation Cluster Services 2021 Solicitation · 73351021Q0012 · Posted Apr 13, 2021
- Contract value 80% obligated
-
- $887,406.29 Current, with exercised options
- $1,112,406.29 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Office of Investments and Innovations Small Business Administration
- NAICS code
- 541690 Other Scientific and Technical Consulting Services
- PSC
- R499 Support- Professional: Other
- 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
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Terminate for Convenience | -$444 | |
| Close Out | $0 | |
| Terminate for Convenience | $0 | |
| Exercise an Option | $212,850 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $225,000 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $225,000 | |
| Original award | $225,000 |
About this award
This federal contract award is for Regional Innovation Cluster (RIC) Services for the Small Business Administration (SBA). The contract, which is set aside for small businesses, was awarded to Larta Inc., doing business as Larta Institute, a for-profit organization based in Los Angeles, California. The contract has a ceiling value of $1,112,406.29 and was awarded on September 29, 2021, with a completion date of September 29, 2026. Larta Institute is a key partner for the SBA's entrepreneurial development network, providing services that include commercialization assistance, program management, and training to support innovation and technology commercialization initiatives for small businesses and startups. The contract is funded by the SBA's Office of Investments and Innovations, which focuses on fostering innovation and supporting small business growth in the technology sector.
Quick answers
Who was awarded contract 73351021C0016?
73351021C0016 was awarded to Larta Inc. by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 29, 2021.
How much is contract 73351021C0016 worth?
The government has obligated $887,406 on 73351021C0016. Its potential value, with all options, is $1,112,406.
Which agency awarded contract 73351021C0016?
Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351021C0016, with funding from Office of Investments and Innovations (Small Business Administration).
Was contract 73351021C0016 competed?
The extent of competition for 73351021C0016 was competed under sap. The government received 16 offers. It was set aside: Total Small Business.
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