Cornerstone other transaction agreement (cota): national imperative for industrial skills (niis) rural indiana WF development base award
Active Other Transaction Agreement Awarded Last action
- Contract number
- W519TC2492036
- Awardee
-
Regional Opportunity Initiatives, Inc. UEI F8ENZDY7QM49
- Awarding agency
-
Department of the Army
Department of Defense
- Obligated
- $9,577,447
Award facts
- Contract value 64% obligated
-
- $9,577,447.00 Current, with exercised options
- $15,072,538.00 Potential, with all options
- Completion date 77% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Research Development and Engineering Command Army Materiel Command, Department of Defense
- NAICS code
- Not on record
- Competition
- Competed Broad Agency Announcement
- Pricing
- Other
- Place of performance
- Bloomington, IN, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | $3,008,219 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $3,044,251 | |
| Other Administrative Action | $0 | |
| Original award | $3,524,977 |
About this award
The U.S. Army Research Development and Engineering Command awarded an Other Transaction Agreement to Regional Opportunity Initiatives, Inc. on June 5, 2024, under the Cornerstone OTA program for the National Imperative for Industrial Skills (NIIS) Rural Indiana Workforce Development initiative, with a ceiling value of $15,072,538. The agreement sits outside the Federal Acquisition Regulation and reflects statutory authority for prototype, research and development, and production transactions.
Work is performed in Bloomington, Indiana, with performance extending through July 1, 2027. The award represents full obligation of funding for Year 3 of the program.
Quick answers
Who was awarded contract W519TC2492036?
W519TC2492036 was awarded to Regional Opportunity Initiatives, Inc. by Department of the Army (Department of Defense) on June 5, 2024.
How much is contract W519TC2492036 worth?
The government has obligated $9,577,447 on W519TC2492036. Its potential value, with all options, is $15,072,538.
Which agency awarded contract W519TC2492036?
Department of the Army (Department of Defense) awarded W519TC2492036, with funding from Research Development and Engineering Command (Army Materiel Command).
Was contract W519TC2492036 competed?
The extent of competition for W519TC2492036 was competed.
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