Invotexip, LLC (INVOTEX) shall provide the national institute of health (NIH) office of the director (OD)/office of intramural research (OIR) office of technology transfer (OTT) with (2) patent…
Active Awarded Last action
- Contract number
- 75N98021F00348
- Awardee
-
Invotex IP, LLC UEI EER4T2ASMC71
- Awarding agency
-
Office of Logisitics and Acquisition Operations
National Institutes of Health, Department of Health and Human Services
- Obligated
- $2,427,056
Award facts
- Opportunity
-
- RFQ1507605 Solicitation number
- Contract value 71% obligated
-
- $2,427,056.46 Current, with exercised options
- $3,408,888.06 Potential, with all options
- Completion date 93% complete
- Current and potential, with all options
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R699 Support- Administrative: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Baltimore, MD 21231, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $251,444 | |
| Exercise an Option | $392,465 | |
| Exercise an Option | $478,943 | |
| Exercise an Option | $456,127 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $434,390 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $413,687 |
About this award
The National Institutes of Health Office of the Director issued a delivery order to Invotex IP, LLC on September 28, 2021, under the GSA Multiple Award Schedule (MAS) with a ceiling value of $3,408,888.06. The order calls for two patent license analysts and one consultant to assist the Office of Intramural Research Office of Technology Transfer with monitoring patent license agreements.
Place of performance is Baltimore, MD. Performance extends through March 27, 2027. Invotex IP is a woman-owned small business.
Across reported fiscal years (FY2022–FY2025), the order invoiced $435 thousand to $479 thousand annually against 2.0 FTEs. Contractor hours totaled 4,140 in each of FY2022, FY2023, and FY2024. Derived government-paid hourly rates rose from $105.10/hr in FY2022 to $111.45/hr in FY2024. The prime self-performed all reported work with no subcontractors.
Description
Invotexip, LLC (INVOTEX) shall provide the national institute of health (NIH) office of the director (OD)/office of intramural research (OIR) office of technology transfer (OTT) with (2) patent license analysts and (1) consultant to assist monitoring
Quick answers
Who was awarded contract 75N98021F00348?
75N98021F00348 was awarded to Invotex IP, LLC by Office of Logisitics and Acquisition Operations (National Institutes of Health) on September 28, 2021.
How much is contract 75N98021F00348 worth?
The government has obligated $2,427,056 on 75N98021F00348. Its potential value, with all options, is $3,408,888.
Is contract 75N98021F00348 an order under another contract?
Yes. 75N98021F00348 is a delivery order under GS23F049CA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 75N98021F00348 competed?
The extent of competition for 75N98021F00348 was full and open competition. The government received 2 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