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Department of Health and Human Services Awarded a Contract to SEMANTICBITS LLC for $37,469,243.85

Signed on

11/22/2023, 12:00 AM

SEMANTICBITS LLC Government Contract #75FCMC24F0001

SEMANTICBITS LLC was awarded a contract with the United States Government for $37,469,243.85. The contract was awarded by the agency office OFC OF ACQUISITION AND GRANTS MGMT, which is a division with the Centers for Medicare and Medicaid Services within the Department of Health and Human Services.

Summary of Award

The recipient of the federal contract is SemanticBits LLC, a U.S.-owned business based in Reston, Virginia. The contract, funded by the Department of Health and Human Services and managed by the Centers for Medicare and Medicaid Services, is for IT management support services and is worth a total of $37,469,243.85. The contract aims to leverage existing practices to enhance data efficiency and reduce costs. Notable financial information includes a total obligation of $30,620,053.85 and spending patterns focused on IT management support services.

Contract Details

Contract ID75FCMC24F0001
Contract TypeA
Total Obligation$30,620,053.85
Exercised Options$30,620,053.85
Base Amount + Options$37,469,243.85
Date Signed2023-11-22
Contract DescriptionTHE EQRS PORTAL II TEAM WILL LEVERAGE AND INCORPORATE THE BEST PRACTICES, TECHNOLOGIES, AND FRAMEWORKS ALREADY IN PLACE FOR DATA, ANALYTICS, AND REPORTING WITHIN CCSQ IN ORDER TO MAXIMIZE EFFICIENCY AND REDUCE COST. THE EQRS PORTAL II TEAM WILL UTIL
Start Date2023-11-22
End Date2026-11-26

Agency Details

Awarding AgencyDepartment of Health and Human Services
Awarding Sub AgencyCenters for Medicare and Medicaid Services
Awarding OfficeOFC OF ACQUISITION AND GRANTS MGMT
Funding AgencyDepartment of Health and Human Services
Funding Sub AgencyCenters for Medicare and Medicaid Services
Funding OfficeOFC OF ACQUISITION AND GRANTS MGMT

Recipient Details

RecipientSEMANTICBITS LLC
Recipient Location1902 RESTON METRO PLAZA RESTON VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

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