Regional innovation clusters for the small business administration (SBA), the office of investment and innovation (OII)

Ended Definitive Contract Awarded Last action

Contract number
73351024C0023
Awardee
Awarding agency
Obligated
$432,947

Award facts

Opportunity
Contract value 18% obligated
  • $432,947.35 Current, with exercised options
  • $2,426,684.35 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of Investments and Innovations Small Business Administration
Set-aside
No set-aside
Competition
Competed under SAP · 79 offers Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Milwaukee, WI 53204, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00003 $0
Terminate for Convenience P00002 -$66,706
Terminate for Convenience P00001 $0
Original award $499,653

About this award

This federal contract award, valued at $2,426,684.35, was granted by the Small Business Administration's (SBA) Office of Investment and Innovation (OII) to The Water Council, Inc., a non-profit organization based in Milwaukee, Wisconsin. The contract is for the establishment and operation of a Regional Innovation Cluster (RIC) that supports small businesses in industries such as advanced computing, biotechnologies, clean energy, and cybersecurity.

The contract was awarded through full and open competition with no set-aside designations. It has a 12-month base period with up to four 12-month option years, and the place of performance is the United States. The RIC will provide at least three types of small business support services and build collaborative regional partnerships. This contract aligns with the SBA's RIC initiative, which aims to foster innovation and support small businesses across the country.

Quick answers

Who was awarded contract 73351024C0023?

73351024C0023 was awarded to The Water Council, Inc. by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 28, 2024.

How much is contract 73351024C0023 worth?

The government has obligated $432,947 on 73351024C0023. Its potential value, with all options, is $2,426,684.

Which agency awarded contract 73351024C0023?

Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351024C0023, with funding from Office of Investments and Innovations (Small Business Administration).

Was contract 73351024C0023 competed?

The extent of competition for 73351024C0023 was competed under sap. The government received 79 offers.

On GovTribe

See this award's full record

  • Every transaction and funding action
  • The awardee's other awards and teaming partners
  • Similar awards and recompete opportunities
  • Ask GovTribe AI about this award