Department of Education Awarded a Contract to OKO LABS, INC. for $1,000,000.00

Q: Where is OKO LABS, INC. located?

169 MADISON AVE NEW YORK NEW YORK UNITED STATES

Signed on

6/24/2024, 12:00 AM

OKO LABS, INC. Government Contract #91990024C0026

OKO LABS, INC. was awarded a contract with the United States Government for $1,000,000.00. The contract was awarded by the agency office CONTRACTS AND ACQUISTIONS MANAGEMEN, which is a division with the Department of Education within the Department of Education.

Summary of Award

The recipient of the federal contract is OKO LABS, INC., a small U.S.-owned business located in New York. The contract, titled "2024 SMALL BUSINESS INNOVATION RESEARCH AWARD (PHASE II)," was awarded by the Department of Education for research and development in the social sciences and humanities. The contract is worth $1,000,000, with $500,000 already spent. Notable transactions include an initial transaction of $1,000,000 on 2024-06-24 and subsequent modification (Mod: P00001) on 2025-06-18 where no transaction amount was recorded.

Contract Details

Contract ID91990024C0026

Contract TypeD

Total Obligation$1,000,000.00

Exercised Options$1,000,000.00

Base Amount + Options$1,000,000.00

Date Signed2024-06-24

Contract Description2024 SMALL BUSINESS INNOVATION RESEARCH AWARD (PHASE II)

Start Date2024-07-01

End Date2026-06-30

Agency Details

Awarding AgencyDepartment of Education

Awarding Sub AgencyDepartment of Education

Awarding OfficeCONTRACTS AND ACQUISTIONS MANAGEMEN

Funding AgencyDepartment of Education

Funding Sub AgencyDepartment of Education

Funding OfficeINSTITUTE OF EDUCATION SCIENCES

Recipient Details

RecipientOKO LABS, INC.

Recipient Location169 MADISON AVE NEW YORK NEW YORK, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00001 | $0.00June 18, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to OKO LABS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $1,000,000.00June 24, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $1,000,000.00 to OKO LABS, INC.. The payment included a Subsidy Cost of $0.00.