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Department of Education Awarded a Contract to BTRADE LLC for $5,201,505.01

Signed on

8/7/2024, 12:00 AM

BTRADE LLC Government Contract #91003124P0008

BTRADE LLC was awarded a contract with the United States Government for $5,201,505.01. 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

BTRADE LLC, a U.S.-owned small business based in Dallas, Texas, was awarded a contract by the Department of Education for the acquisition of BTRADE software renewal services. The contract, with a total obligation of $2,153,035.80, was signed on August 7, 2024, and includes the purchase of perpetual license software for IT and telecom business application software.

The contract falls under the category of a purchase order, with a base and all options value of $5,201,505.01. The contract was not competed under simplified acquisition procedures and did not involve a set-aside. The contract was not consolidated and was awarded on a firm-fixed-price basis. The recipient, BTRADE LLC, is classified as a woman-owned small business and operates in the software publishing industry.

The contract includes two transactions. The first transaction, dated August 7, 2024, had a transaction amount of $644,882.73 and was the initial award under the contract. The second transaction, dated March 31, 2025, had a transaction amount of $1,508,153.07 and was a modification (P00001) to the original contract. Both transactions were funded by the Department of Education. BTRADE LLC is located at 10440 N Central Expy Ste 800, Dallas, Texas, and operates as a limited liability corporation specializing in IT and telecom business application software. The company is a U.S.-owned business and holds various certifications, including being a woman-owned business. The contract with the Department of Education is set to run from August 1, 2024, to March 31, 2026, with a potential end date of March 31, 2027. Overall, the awarded contract between the Department of Education and BTRADE LLC for the acquisition of BTRADE software renewal services represents a significant investment in IT and telecom software solutions. The contract demonstrates the government's commitment to supporting small businesses and investing in technology to enhance its operations.

Contract Details

Contract ID91003124P0008
Contract TypeB
Total Obligation$2,153,035.80
Exercised Options$2,153,035.80
Base Amount + Options$5,201,505.01
Date Signed2024-08-07
Contract DescriptionACQUISITION OF BTRADE SOFTWARE RENEWAL
Start Date2024-08-01
End Date2026-03-31

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

RecipientBTRADE LLC
Recipient Location10440 N CENTRAL EXPY STE 800 DALLAS TEXAS, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Comments

Award Transactions

Transaction #P00001 | $1,508,153.07March 31, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $1,508,153.07 to BTRADE LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $644,882.73August 7, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $644,882.73 to BTRADE LLC. The payment included a Subsidy Cost of $0.00.