Clear cut solutions phase i project aims to develop a new standard/protocol for how measurements are gathered and processed for the maritime bulk cargo industry
Ended Cooperative Agreement Awarded Last action
- Award ID
- 70NANB25H078
- Recipient
-
Clear-Cut Solutions LLC UEI V1NNGN45EQ95
- Awarding agency
-
National Institute of Standards and Technology
Department of Commerce
- Obligated
- $212,930
Award facts
- Assistance listing
- 11.620 Science, Technology, Business and/or Education Outreach
- Completion date
- Originally
- Place of performance
- Port Allen, LA 70767, USA
Award details come from USAspending.gov.
Description
- Activities
- Research and define draft measurements, build draft prototype, and test prototype.
- Expected outcomes
- Commercialization of the technology proposed for phase i will impact a number of industries such as the bulk cargo maritime industry; longshoremen and stevedores that handle the movement of these commodities; and buyers and sellers of bulk commodities. IT will benefit the standardization of the methodology for how these commodities are transacted, which will increase the accuracy and timeliness for the financial settlement of these commodities. IT is anticipated that this technology will help speed up the time frame in which commodities can regularly move from point a to point b.intended beneficiaries include: the bulk cargo maritime industry; longshoremen and stevedores, and buyers and sellers of bulk commodities.
- Subrecipient activities
- The recipient does not intend to subaward funds.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Amendment | $0 | |
| Amendment | $106,465 | |
| Original award | $106,465 |
Quick answers
Who received award 70NANB25H078?
70NANB25H078 was awarded to Clear-Cut Solutions LLC by National Institute of Standards and Technology (Department of Commerce) on August 1, 2025.
How much is award 70NANB25H078 worth?
$212,930 has been obligated on 70NANB25H078.
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