Factualvr hypertunnel sbir phase II
Ended Definitive Contract Awarded
- Contract number
- FA868424CB007
- Awardee
-
Factualvr Inc. UEI KFHKF77CNZN7
- Awarding agency
-
Air Force
Department of Defense
- Obligated
- $1,498,152
Award facts
- Contract value 88% obligated
-
- $1,498,152.00 Current, with exercised options
- $1,700,105.00 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 541511 Custom Computer Programming Services
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 1 offer Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Marietta, GA 30066, USA
- Research
- SBIR Program Phase II Action
Award details come from SAM.gov/FPDS.
About this award
The Department of the Air Force awarded a $1,700,105.00 Small Business Innovation Research (SBIR) Phase II contract to Factualvr Inc., a minority-owned, small disadvantaged business. The contract, titled "FACTUALVR HYPERTUNNEL SBIR PHASE II," is a firm-fixed-price definitive contract for research and development work. The period of performance runs through March 31, 2025. As an SBIR Phase II contract, this award builds upon prior Phase I research and development efforts and aims to further develop and transition the "FACTUALVR HYPERTUNNEL" technology.
Quick answers
Who was awarded contract FA868424CB007?
FA868424CB007 was awarded to Factualvr Inc. by Air Force (Department of Defense) on January 31, 2024.
How much is contract FA868424CB007 worth?
The government has obligated $1,498,152 on FA868424CB007. Its potential value, with all options, is $1,700,105.
Was contract FA868424CB007 competed?
The extent of competition for FA868424CB007 was full and open competition after exclusion of sources. The government received 1 offer. It was set aside: Total Small Business.
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