Up to four (4) years of software maintenance and support for the regional economic models, INC. Remi 8 bureau of economic analysis (BEA)-region, 160-sector PI+ economic analysis models
Ended Purchase Order Awarded Last action
- Contract number
- 6913G621P800048
- Awardee
-
Regional Economic Models,Inc. UEI YPKDXJ55ZBR6
- Awarding agency
-
Immediate Office of the Secretary of Transportation
Department of Transportation
- Obligated
- $247,000
Award facts
- Opportunity
-
- Maintenance for REM1 8 Bureau of Economic Analysis (BEA)-Region, 160-Sector PI+ Economic Analysis Model Pre-Solicitation · 6913G621Q300046 · Posted Apr 28, 2021
- Contract value 100% obligated
- $247,000.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541519 Other Computer Related Services
- Set-aside
- No set-aside
- Competition
- 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Cambridge, MA 02142, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $55,000 | |
| Exercise an Option | $48,000 | |
| Original award | $144,000 |
About this award
Regional Economic Models, Inc. (REMI) was awarded a $247,000 firm fixed-price purchase order by the U.S. Department of Transportation's Office of the Secretary on May 17, 2021, for up to four years of software maintenance and support services for the REMI 8 Bureau of Economic Analysis (BEA)-Region, 160-Sector Policy Insight Plus (PI+) economic analysis models. The contract, which is scheduled for ultimate completion on May 16, 2025, was issued without a set-aside designation and executed rapidly following a pre-solicitation opportunity posted on April 28, 2021. Services will be performed at the contractor's location in Cambridge, Massachusetts.
REMI, a for-profit subchapter S corporation specializing in economic impact analysis and forecasting, serves as the prime contractor on this engagement with no identified subcontractors. The company's Policy Insight Plus platform provides comprehensive economic modeling and analysis tools utilized by federal agencies for understanding and predicting economic trends and impacts. This award represents the Department of Transportation's investment in maintaining access to REMI's sophisticated 160-sector regional economic models, which support the agency's analytical capabilities for evaluating policy implications and economic forecasting requirements.
Quick answers
Who was awarded contract 6913G621P800048?
6913G621P800048 was awarded to Regional Economic Models,Inc. by Immediate Office of the Secretary of Transportation (Department of Transportation) on May 17, 2021.
How much is contract 6913G621P800048 worth?
The government has obligated $247,000 on 6913G621P800048.
Was contract 6913G621P800048 competed?
The government received 1 offer.
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