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Commodity Futures Trading Commission Awarded a Contract to DEV TECHNOLOGY GROUP INC for $18,753,771.57

Signed on

8/26/2022, 12:00 AM

DEV TECHNOLOGY GROUP INC Government Contract #9523ZY22F0089

DEV TECHNOLOGY GROUP INC was awarded a contract with the United States Government for $18,753,771.57. The contract was awarded by the agency office COMMODITY FUTURES TRADING COMM, which is a division with the Commodity Futures Trading Commission within the Commodity Futures Trading Commission.

Summary of Award

The US federal government awarded a contract to DEV TECHNOLOGY GROUP INC for "ENTERPRISE SOFTWARE DEVELOPMENT, INTEGRATION, AND OPERATIONS FOLLOW-ON PROCUREMENT." The total obligation for the contract is $7,216,925.09, with base exercised options of $11,997,068.37 and base and all options totaling $18,753,771.57. The contract was signed on August 26, 2022, and falls under the category of delivery order.

DEV TECHNOLOGY GROUP INC is a U.S.-owned business located in Reston, Virginia, specializing in IT and telecom services, specifically in business application and application development support services. The company has received multiple transactions related to the awarded contract, with the latest transaction amounting to $470,115.36 on August 26, 2022.

The contract transactions include various modifications, with the most recent one being modification P00015 on March 28, 2025, for a transaction amount of $324,444. The previous modifications include P00014 on January 21, 2025, for $550,000, P00013 on December 17, 2024, for $312,764.40, P00012 on December 5, 2024, for -$77,916.72, P00011 on April 25, 2024, for $1,376,344.52, P00010 on April 3, 2024, for $474,551.84, P00009 on February 1, 2024, for $474,551.84, P00008 on December 20, 2023, for $474,551.84, P00007 on June 27, 2023, for -$187,481.99, P00006 on April 19, 2023, for $0, P00005 on February 7, 2023, for $1,186,535.96, P00004 on January 24, 2023, for $0, P00003 on January 23, 2023, for $1,318,643.04, P00002 on December 19, 2022, for $310,000, and P00001 on November 1, 2022, for $209,821. The contract falls under the Commodity Futures Trading Commission, with the funding agency and awarding agency being the same. The period of performance for the contract is from August 29, 2022, to December 28, 2025, with a potential end date of September 28, 2027. The contract is for the provision of custom computer programming services under the NAICS code 541511. Overall, DEV TECHNOLOGY GROUP INC has been awarded a significant contract for IT and telecom services by the US federal government, with multiple transactions reflecting the ongoing work and modifications to the contract.

Contract Details

Contract ID9523ZY22F0089
Contract TypeC
Total Obligation$7,216,925.09
Exercised Options$11,997,068.37
Base Amount + Options$18,753,771.57
Date Signed2022-08-26
Contract DescriptionENTERPRISE SOFTWARE DEVELOPMENT, INTEGRATION, AND OPERATIONS FOLLOW-ON PROCUREMENT
Start Date2022-08-29
End Date2025-12-28

Agency Details

Awarding AgencyCommodity Futures Trading Commission
Awarding Sub AgencyCommodity Futures Trading Commission
Awarding OfficeCOMMODITY FUTURES TRADING COMM
Funding AgencyCommodity Futures Trading Commission
Funding Sub AgencyCommodity Futures Trading Commission
Funding OfficeCOMMODITY FUTURES TRADING COMM

Recipient Details

RecipientDEV TECHNOLOGY GROUP INC
Recipient Location11440 COMMERCE PARK DRIVE RESTON VIRGINIA, UNITED STATES
Business CategoriesAsian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Not Designated a Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Woman Owned Business

Comments

Award Transactions

Transaction #P00015$324,444.00March 28, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $324,444.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$550,000.00January 21, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $550,000.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00013$312,764.40December 17, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $312,764.40 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$-77,916.72December 5, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $-77,916.72 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$1,376,344.52April 25, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $1,376,344.52 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$474,551.84April 3, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $474,551.84 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$474,551.84February 1, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $474,551.84 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$474,551.84December 20, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $474,551.84 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$-187,481.99June 27, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $-187,481.99 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$0.00April 19, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $0.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$1,186,535.96February 7, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $1,186,535.96 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00January 24, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $0.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$1,318,643.04January 23, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $1,318,643.04 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$310,000.00December 19, 2022

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $310,000.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$209,821.00November 1, 2022

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $209,821.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #0$470,115.36August 26, 2022

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $470,115.36 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00016$891,253.22June 12, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $891,253.22 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00015$324,444.00March 28, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $324,444.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$550,000.00January 21, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $550,000.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00013$312,764.40December 17, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $312,764.40 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$-77,916.72December 5, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $-77,916.72 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$1,376,344.52April 25, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $1,376,344.52 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$474,551.84April 3, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $474,551.84 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$474,551.84February 1, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $474,551.84 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$474,551.84December 20, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $474,551.84 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$-187,481.99June 27, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $-187,481.99 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$0.00April 19, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $0.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$1,186,535.96February 7, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $1,186,535.96 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00January 24, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $0.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$1,318,643.04January 23, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $1,318,643.04 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$310,000.00December 19, 2022

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $310,000.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$209,821.00November 1, 2022

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $209,821.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #0$470,115.36August 26, 2022

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $470,115.36 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00017$-118,860.36September 4, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $-118,860.36 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00016$891,253.22June 12, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $891,253.22 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00015$324,444.00March 28, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $324,444.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$550,000.00January 21, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $550,000.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00013$312,764.40December 17, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $312,764.40 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$-77,916.72December 5, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $-77,916.72 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$1,376,344.52April 25, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $1,376,344.52 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$474,551.84April 3, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $474,551.84 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$474,551.84February 1, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $474,551.84 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$474,551.84December 20, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $474,551.84 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$-187,481.99June 27, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $-187,481.99 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$0.00April 19, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $0.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$1,186,535.96February 7, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $1,186,535.96 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00January 24, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $0.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$1,318,643.04January 23, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $1,318,643.04 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$310,000.00December 19, 2022

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $310,000.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$209,821.00November 1, 2022

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $209,821.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #0$470,115.36August 26, 2022

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $470,115.36 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.