Regional innovation clusters FY23
Ended Definitive Contract Awarded Last action
- Contract number
- 73351023C0013
- Awardee
-
LSI Business Development Inc. UEI XMF9L72R9WW5
- Awarding agency
-
Office of Performance Management and the Chief Financial Officer
Small Business Administration
- Obligated
- $1,065,597
Award facts
- Opportunity
-
- Regional Innovation Cluster (RIC) Initiative - 2023 Solicitation · 73351023Q0304 · Posted Aug 1, 2023
- Contract value 42% obligated
-
- $1,065,596.95 Current, with exercised options
- $2,565,253.60 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
- Time and Materials
- Place of performance
- Layton, UT 84041, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$14,160 | |
| Exercise an Option | $579,871 | |
| Original award | $499,886 |
About this award
The Office of Investments and Innovations (SBA civilian agency) awarded a $2.565 million definitive contract to LSI Business Development Inc. for Regional Innovation Cluster services on September 28, 2023, under a total small business set-aside.
The contract runs through September 27, 2025, on a time and materials basis. The originating solicitation sought proposals to administer cluster partnerships across target industries and geographic locations, with work scope encompassing cluster management, business training and advising, network development, and reporting. Place of performance is Layton, UT. NAICS code 541690 applies.
Government invoicing shows 1.4 FTEs and 2,962 contractor hours in FY2024, with an average derived rate of $167.33 per hour, and 1.6 FTEs in FY2025. LSI Business Development Inc. self-performed all reported hours with no subcontractor teaming.
Quick answers
Who was awarded contract 73351023C0013?
73351023C0013 was awarded to LSI Business Development Inc. by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 28, 2023.
How much is contract 73351023C0013 worth?
The government has obligated $1,065,597 on 73351023C0013. Its potential value, with all options, is $2,565,254.
Which agency awarded contract 73351023C0013?
Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351023C0013, with funding from Office of Investments and Innovations (Small Business Administration).
Was contract 73351023C0013 competed?
The extent of competition for 73351023C0013 was competed under sap. The government received 16 offers. It was set aside: Total Small Business.
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