Regional innovation clusters for the small business administration (SBA), the office of investment and innovation (OII)
Ended Definitive Contract Awarded Last action
- Contract number
- 73351024C0016
- Awardee
-
Bounce Innovation Hub UEI V2RSNDKQA236
- Awarding agency
-
Office of Performance Management and the Chief Financial Officer
Small Business Administration
- Obligated
- $178,557
Award facts
- Opportunity
-
- Regional Innovation Cluster Initiative Solicitation · 73351024R0007 · Posted Jul 1, 2024
- Contract value 15% obligated
-
- $178,557.25 Current, with exercised options
- $1,178,557.25 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
- No set-aside
- Competition
- Competed under SAP · 79 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Akron, OH 44311, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Terminate for Convenience | -$71,443 | |
| Terminate for Convenience | $0 | |
| Original award | $250,000 |
About this award
This is a $1,178,557.25 firm-fixed price contract awarded by the U.S. Small Business Administration (SBA), Office of Investment and Innovation (OII) to Bounce Innovation Hub, a non-profit organization, to establish and operate a Regional Innovation Cluster (RIC) that supports small businesses in industries such as advanced computing, biotechnologies, clean energy, and cybersecurity.
The contract was awarded on September 28, 2024 and has an ultimate completion date of July 2, 2025. It was issued under Solicitation 73351024R0007, which sought proposals for the SBA's RIC initiative. The solicitation was a full and open competition with no set-aside. The SBA plans to make multiple RIC awards with a total budget of $5.9 million for the fiscal year.
Quick answers
Who was awarded contract 73351024C0016?
73351024C0016 was awarded to Bounce Innovation Hub by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 28, 2024.
How much is contract 73351024C0016 worth?
The government has obligated $178,557 on 73351024C0016. Its potential value, with all options, is $1,178,557.
Which agency awarded contract 73351024C0016?
Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351024C0016, with funding from Office of Investments and Innovations (Small Business Administration).
Was contract 73351024C0016 competed?
The extent of competition for 73351024C0016 was competed under sap. The government received 79 offers.
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