Department of Justice Awarded a Contract to ECONOMIC SYSTEMS INC for $301,140.07

Q: Where is ECONOMIC SYSTEMS INC located?

3120 FAIRVIEW PARK DR STE 500 FALLS CHURCH VIRGINIA UNITED STATES

Signed on

9/30/2023, 12:00 AM

ECONOMIC SYSTEMS INC Government Contract #15A00023FAQA00106

ECONOMIC SYSTEMS INC was awarded a contract with the United States Government for $301,140.07. The contract was awarded by the agency office ATF, which is a division with the Bureau of Alcohol, Tobacco, Firearms and Explosives Acquisition and Property Management Division within the Department of Justice.

Summary of Award

The recipient of the federal contract is Economic Systems Inc, a U.S.-owned business based in Falls Church, Virginia. The contract, awarded by the Department of Justice, is for a retirement calculator software-as-a-service (SAAS) project worth $111,479.20. Notable spending patterns include multiple transactions, with the largest transaction of $54,576.61 occurring on July 4, 2024.

Contract Details

Contract ID15A00023FAQA00106

Contract TypeC

Total Obligation$111,479.20

Exercised Options$144,668.65

Base Amount + Options$301,140.07

Date Signed2023-09-30

Contract DescriptionBENEFITS-RETIREMENT CALCULATOR SAAS

Start Date2023-09-30

End Date2025-07-08

Agency Details

Awarding AgencyDepartment of Justice

Awarding Sub AgencyBureau of Alcohol, Tobacco, Firearms and Explosives Acquisition and Property Management Division

Awarding OfficeATF

Funding AgencyDepartment of Justice

Funding Sub AgencyBureau of Alcohol, Tobacco, Firearms and Explosives Acquisition and Property Management Division

Funding OfficeATF, ASST DIRECTOR TRAINING & PROF DEV

Recipient Details

RecipientECONOMIC SYSTEMS INC

Recipient Location3120 FAIRVIEW PARK DR STE 500 FALLS CHURCH VIRGINIA, UNITED STATES

Business CategoriesCategory Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00003 | $4,425.12April 16, 2025

Bureau of Alcohol, Tobacco, Firearms and Explosives Acquisition and Property Management Division, a sub agency of Department of Justice, issued a payment of $4,425.12 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $54,576.61July 4, 2024

Bureau of Alcohol, Tobacco, Firearms and Explosives Acquisition and Property Management Division, a sub agency of Department of Justice, issued a payment of $54,576.61 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00October 23, 2023

Bureau of Alcohol, Tobacco, Firearms and Explosives Acquisition and Property Management Division, a sub agency of Department of Justice, issued a payment of $0.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $52,477.47September 30, 2023

Bureau of Alcohol, Tobacco, Firearms and Explosives Acquisition and Property Management Division, a sub agency of Department of Justice, issued a payment of $52,477.47 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.