Regional innovation clusters FY23
Ended Definitive Contract Awarded Last action
- Contract number
- 73351023C0016
- Awardee
-
Ntouch-Bct Strategies LLC UEI NMCAMD639D87
- Awarding agency
-
Office of Performance Management and the Chief Financial Officer
Small Business Administration
- Obligated
- $725,062
Award facts
- Opportunity
-
- Regional Innovation Cluster (RIC) Initiative - 2023 Solicitation · 73351023Q0304 · Posted Aug 1, 2023
- Contract value 30% obligated
-
- $725,062.01 Current, with exercised options
- $2,434,165.07 Potential, with all options
- Completion date 100% complete
- Current and 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
- Stamford, CT 06902, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Terminate for Convenience | -$201,343 | |
| Close Out | $0 | |
| Terminate for Convenience | $0 | |
| Exercise an Option | $356,704 | |
| Change Order | $0 | |
| Original award | $569,701 |
About this award
The Small Business Administration awarded a $2.43M definitive time and materials contract to Ntouch-Bct Strategies LLC, an SBA-certified 8(a) joint venture small disadvantaged business, to provide Regional Innovation Cluster services through September 2025. The contract, set aside for total small business, was awarded on September 28, 2023, and will be performed in Stamford, Connecticut. Under this engagement, Ntouch-Bct Strategies will administer cluster partnerships within a designated U.S. region, delivering cluster management, business training and advising, network development, and reporting services as part of SBA's broader Regional Innovation Clusters program to foster economic development and entrepreneurship.
The competitive solicitation, posted in August 2023, sought multiple awards of time and materials contracts with annual values between $400K and $500K, each with a base year and four option years. Ntouch-Bct Strategies was selected based on its cluster qualifications, technical approach, and demonstrated past performance—factors weighted more heavily than price in the evaluation. The firm brings relevant expertise in program management, technical assistance, and business operations support, having previously secured over $15M in prime federal contracts across the SBA, Department of Health and Human Services, National Science Foundation, and other civilian agencies, positioning it well to execute regional innovation and entrepreneurship initiatives.
Quick answers
Who was awarded contract 73351023C0016?
73351023C0016 was awarded to Ntouch-Bct Strategies LLC by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 28, 2023.
How much is contract 73351023C0016 worth?
The government has obligated $725,062 on 73351023C0016. Its potential value, with all options, is $2,434,165.
Which agency awarded contract 73351023C0016?
Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351023C0016, with funding from Office of Investments and Innovations (Small Business Administration).
Was contract 73351023C0016 competed?
The extent of competition for 73351023C0016 was competed under sap. The government received 16 offers. It was set aside: Total Small Business.
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