Regional innovation clusters for the small business administration (SBA), the office of investment and innovation (OII)
Ended Definitive Contract Awarded Last action
- Contract number
- 73351024C0025
- Awardee
-
Applied Research Institute Inc. UEI PHLNLR2KFJQ5
- Awarding agency
-
Office of Performance Management and the Chief Financial Officer
Small Business Administration
- Obligated
- $268,302
Award facts
- Opportunity
-
- Regional Innovation Cluster Initiative Solicitation · 73351024R0007 · Posted Jul 1, 2024
- Contract value 12% obligated
-
- $268,301.50 Current, with exercised options
- $2,268,122.50 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
- No set-aside
- Competition
- Competed under SAP · 79 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Woodbridge, IN 47408, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Close Out | $0 | |
| Terminate for Convenience | -$231,654 | |
| Terminate for Convenience | $0 | |
| Original award | $499,955 |
About this award
The U.S. Small Business Administration (SBA), Office of Investment and Innovation (OII) awarded a $2,268,122.50 firm fixed-price contract to Applied Research Institute Inc., doing business as Indiana Innovation Institute, a non-profit organization. This contract is part of the SBA's Regional Innovation Clusters (RIC) Initiative and does not have a set-aside designation. The contract will run from September 28, 2024, to September 27, 2029, and requires the organization to establish and operate a regional innovation cluster that supports small businesses in advanced computing, biotechnologies, clean energy, and cybersecurity. The contract was competitively awarded, and the organization is expected to provide at least three types of small business support services while building collaborative regional partnerships.
Quick answers
Who was awarded contract 73351024C0025?
73351024C0025 was awarded to Applied Research Institute Inc. by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 28, 2024.
How much is contract 73351024C0025 worth?
The government has obligated $268,302 on 73351024C0025. Its potential value, with all options, is $2,268,123.
Which agency awarded contract 73351024C0025?
Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351024C0025, with funding from Office of Investments and Innovations (Small Business Administration).
Was contract 73351024C0025 competed?
The extent of competition for 73351024C0025 was competed under sap. The government received 79 offers.
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