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Department of Education Awarded a Contract to INTERACTIVE PROCESS TECHNOLOGY, LLC for $4,110,135.36

Signed on

6/26/2024, 12:00 AM

INTERACTIVE PROCESS TECHNOLOGY, LLC Government Contract #91003124F0012

INTERACTIVE PROCESS TECHNOLOGY, LLC was awarded a contract with the United States Government for $4,110,135.36. The contract was awarded by the agency office FSA ACQUISITIONS OFFICE, which is a division with the Department of Education within the Department of Education.

Summary of Award

The recipient of the federal contract is Interactive Process Technology, LLC, a U.S.-Owned Business based in Burlington, Massachusetts. The contract, funded by the Department of Education's Federal Student Aid office, is for enterprise business collaboration operations and maintenance, with a total obligation of $1,623,707.08. Notable spending patterns include five transactions ranging from $0 to $883,278.28, demonstrating different stages or modifications in the contract.

Contract Details

Contract ID91003124F0012
Contract TypeC
Total Obligation$1,623,707.08
Exercised Options$1,928,359.27
Base Amount + Options$4,110,135.36
Date Signed2024-06-26
Contract DescriptionTHE PURPOSE OF THIS AWARD IS TO PROVIDE FSA WITH ENTERPRISE BUSINESS COLLABORATION OPERATIONS AND MAINTENANCE.
Start Date2024-08-07
End Date2026-02-06

Agency Details

Awarding AgencyDepartment of Education
Awarding Sub AgencyDepartment of Education
Awarding OfficeFSA ACQUISITIONS OFFICE
Funding AgencyDepartment of Education
Funding Sub AgencyDepartment of Education
Funding OfficeFEDERAL STUDENT AID

Recipient Details

RecipientINTERACTIVE PROCESS TECHNOLOGY, LLC
Recipient Location1500 DISTRICT AVE STE 1037 BURLINGTON MASSACHUSETTS, UNITED STATES
Business CategoriesCategory Business, Limited Liability Corporation, Service Disabled Veteran Owned Business, Small Business, Special Designations, U.S.-Owned Business, Veteran Owned Business

Comments

Award Transactions

Transaction #P00005 | $0.00August 6, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $0.00April 18, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $883,278.28February 7, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $883,278.28 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00September 4, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00July 16, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $740,428.80June 26, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $740,428.80 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00006 | $304,652.19September 30, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $304,652.19 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $0.00August 6, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $0.00April 18, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $883,278.28February 7, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $883,278.28 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00September 4, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00July 16, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $740,428.80June 26, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $740,428.80 to INTERACTIVE PROCESS TECHNOLOGY, LLC. The payment included a Subsidy Cost of $0.00.