Regional innovation clusters for the small business administration (SBA), the office of investment and innovation (OII)
Ended Definitive Contract Awarded Last action
- Contract number
- 73351024C0024
- Awardee
-
LSI Business Development Inc. UEI XMF9L72R9WW5
- Awarding agency
-
Office of Performance Management and the Chief Financial Officer
Small Business Administration
- Obligated
- $227,219
Award facts
- Opportunity
-
- Regional Innovation Cluster Initiative Solicitation · 73351024R0007 · Posted Jul 1, 2024
- Contract value 10% obligated
-
- $227,218.65 Current, with exercised options
- $2,226,045.35 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
- Layton, UT 84041, 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 | -$272,727 | |
| Terminate for Convenience | $0 | |
| Original award | $499,945 |
About this award
This federal contract award is for $2,226,045.35 to LSI Business Development Inc., a for-profit Subchapter S Corporation based in Layton, Utah. The contract is for "Regional Innovation Clusters for the Small Business Administration (SBA), the Office of Investment and Innovation (OII)" and does not have a set-aside designation.
The contract was awarded on September 28, 2024 and has a completion date of May 23, 2025. It is a definitive, firm-fixed price contract, awarded under full and open competition through Solicitation 73351024R0007.
LSI Business Development Inc. is an experienced federal contractor that has secured multiple prime contracts with the SBA's Office of Investments and Innovations, focused on providing strategic consulting and technical assistance to support small businesses in advanced technology sectors such as computing, biotechnology, clean energy, and cybersecurity.
Quick answers
Who was awarded contract 73351024C0024?
73351024C0024 was awarded to LSI Business Development Inc. by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 28, 2024.
How much is contract 73351024C0024 worth?
The government has obligated $227,219 on 73351024C0024. Its potential value, with all options, is $2,226,045.
Which agency awarded contract 73351024C0024?
Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351024C0024, with funding from Office of Investments and Innovations (Small Business Administration).
Was contract 73351024C0024 competed?
The extent of competition for 73351024C0024 was competed under sap. The government received 79 offers.
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