Lease for office space for IV & v program

Ended Definitive Contract Awarded Last action

Contract number
NNG10SA00C
Awardee
Awarding agency
Obligated
$6,009,842

Award facts

Opportunity
Contract value 44% obligated
  • $6,370,434.00 Current, with exercised options
  • $13,543,362.00 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Fixed Price with Economic Price Adjustment
Place of performance
Fairmont, WV 26554, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action 51 -$49,998
Funding Only Action 50 $4,532
Funding Only Action 49 $199,000
Vendor DUNS or Name Change - Non-Novation 48 $0
Funding Only Action 47 $100,000
Funding Only Action 46 $49,813
Funding Only Action 45 $46,220
Funding Only Action 44 $150,000
Exercise an Option 43 $100,000
Funding Only Action 42 $100,000
Funding Only Action 41 $57,574
Funding Only Action 40 $240,000
Funding Only Action 39 $102,000
Exercise an Option 38 $98,430
Funding Only Action 37 $291,708
Funding Only Action 36 $48,618
Funding Only Action 35 $48,618
Supplemental Agreement for work within scope 34 $97,236
Exercise an Option 33 $92,688
Funding Only Action 32 $324,408
Supplemental Agreement for work within scope 31 $46,344
Funding Only Action 30 $92,688
Funding Only Action 29 $46,344
Exercise an Option 28 $0
Funding Only Action 27 $324,408
Funding Only Action 26 $46,344
Funding Only Action 25 $46,344
Exercise an Option 24 $139,032
Exercise an Option 23 $46,344
Funding Only Action 22 $92,688
Funding Only Action 21 $46,344
Funding Only Action 20 $46,344
Funding Only Action 19 $92,408
Funding Only Action 18 $116,000
Funding Only Action 17 $116,000
Exercise an Option 16 $0
Funding Only Action 15 $56,241
Funding Only Action 14 $369,242
Funding Only Action 13 $38,000
Funding Only Action 12 $75,200
Exercise an Option 11 $0
Funding Only Action 10 $201,409
Funding Only Action 9 $50,000
Funding Only Action 8 $25,000
Funding Only Action 7 $16,185
Funding Only Action 6 $25,000
Supplemental Agreement for work within scope 5 $51,357
Supplemental Agreement for work within scope 4 $0
Funding Only Action 3 $360,000
Funding Only Action 2 $163,729
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About this award

Innovation Properties LLC was awarded a fixed-price contract with economic price adjustment by NASA's Goddard Space Center for leasing office space to support the Independent Verification and Validation (IV&V) Program. The contract, awarded on July 9, 2010, carries a ceiling value of $13.5 million and was completed by September 30, 2018. The office space is located in Fairmont, West Virginia. No small business set-aside was used for this procurement.

The IV&V Program, a critical NASA initiative, provides independent assessment and validation of agency software and systems to ensure mission success and safety. This lease agreement provided dedicated office facilities necessary to house the IV&V team and support their oversight and testing activities. The economic price adjustment mechanism allowed for cost modifications based on predetermined economic factors during the contract performance period, providing flexibility while maintaining a fixed-price structure for budget planning purposes.

Quick answers

Who was awarded contract NNG10SA00C?

NNG10SA00C was awarded to Innovation Properties LLC by Goddard Space Center (National Aeronautics and Space Administration) on July 9, 2010.

How much is contract NNG10SA00C worth?

The government has obligated $6,009,842 on NNG10SA00C. Its current value, with exercised options, is $6,370,434. Its potential value, with all options, is $13,543,362.

Was contract NNG10SA00C competed?

The extent of competition for NNG10SA00C was not competed. The government received 1 offer.

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