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Commodity Futures Trading Commission Awarded a Contract to DEV TECHNOLOGY GROUP INC for $4,136,554.52

Signed on

4/28/2023, 12:00 AM

DEV TECHNOLOGY GROUP INC Government Contract #9523ZY23F0013

DEV TECHNOLOGY GROUP INC was awarded a contract with the United States Government for $4,136,554.52. 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 recipient of the federal contract is DEV TECHNOLOGY GROUP INC, a U.S.-owned business in Reston, Virginia, specializing in IT management support services. The contract, funded by the Commodity Futures Trading Commission, is for operating and maintaining CFTCNET, with a total value of $4,136,554.52. Notable transactions include amounts of $619,723.20 for the contract work and $288,251, with a total obligation of $1,512,582.20, reflecting spending patterns.

Contract Details

Contract ID9523ZY23F0013
Contract TypeA
Total Obligation$1,550,436.00
Exercised Options$1,966,827.80
Base Amount + Options$4,136,554.52
Date Signed2023-04-28
Contract DescriptionOPERATIONS AND MAINTENANCE OF CFTCNET.
Start Date2023-05-03
End Date2026-05-02

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, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Comments

Award Transactions

Transaction #P00005 | $37,853.80May 1, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $37,853.80 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00October 28, 2024

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 | $619,723.20April 24, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $619,723.20 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $288,251.00September 22, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $288,251.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00August 7, 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 #0 | $604,608.00April 28, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $604,608.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00006 | $37,853.80May 15, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $37,853.80 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $37,853.80May 1, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $37,853.80 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00October 28, 2024

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 | $619,723.20April 24, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $619,723.20 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $288,251.00September 22, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $288,251.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00August 7, 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 #0 | $604,608.00April 28, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $604,608.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007 | $378,538.00June 24, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $378,538.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00006 | $37,853.80May 15, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $37,853.80 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $37,853.80May 1, 2025

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $37,853.80 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00October 28, 2024

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 | $619,723.20April 24, 2024

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $619,723.20 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $288,251.00September 22, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $288,251.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00August 7, 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 #0 | $604,608.00April 28, 2023

Commodity Futures Trading Commission, a sub agency of Commodity Futures Trading Commission, issued a payment of $604,608.00 to DEV TECHNOLOGY GROUP INC. The payment included a Subsidy Cost of $0.00.