Department of Education Awarded a Contract to ABT GLOBAL LLC for $2,463,016.00

Q: Where is ABT GLOBAL LLC located?

6130 EXECUTIVE BLVD ROCKVILLE MARYLAND UNITED STATES

Signed on

8/21/2024, 12:00 AM

ABT GLOBAL LLC Government Contract #91990024F0361

ABT GLOBAL LLC was awarded a contract with the United States Government for $2,463,016.00. 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

ABT Global LLC, a U.S.-owned business, received a federal contract worth $2,463,016 from the Department of Education. The contract is for researching and understanding the impact of income-driven student loan repayment plans. The contract involves data collection and falls under the category of a BPA CALL. Notable transactions include the initial funding of $794,651, a subsequent transaction of $1,668,365, and a later transaction to return $2,463,016.

Contract Details

Contract ID91990024F0361

Contract TypeA

Total Obligation$2,463,016.00

Exercised Options$2,463,016.00

Base Amount + Options$2,463,016.00

Date Signed2024-08-21

Contract DescriptionTASK ORDER 002 IS THE FIRST IN AN EXPECTED SERIES OF WORK TO UNDERSTAND THE TAKE UP AND IMPACTS OF THE U.S. DEPARTMENT OF EDUCATIONS THE DEPARTMENTS INCOME-DRIVEN STUDENT LOAN REPAYMENT (IDR) PLANS. THE TASK ORDER CALLS FOR DATA COLLECTION.

Start Date2024-08-21

End Date2028-08-20

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 OfficeOFC OF PLAN, EVAL, AND POLICY DEV.

Recipient Details

RecipientABT GLOBAL LLC

Recipient Location6130 EXECUTIVE BLVD ROCKVILLE MARYLAND, UNITED STATES

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

Comments

Award Transactions

Transaction #P00004 | $0.00June 23, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $0.00 to ABT GLOBAL LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $2,463,016.00September 23, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $2,463,016.00 to ABT GLOBAL LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $-2,463,016.00September 20, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $-2,463,016.00 to ABT GLOBAL LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $794,651.00August 22, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $794,651.00 to ABT GLOBAL LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $1,668,365.00August 21, 2024

Department of Education, a sub agency of Department of Education, issued a payment of $1,668,365.00 to ABT GLOBAL LLC. The payment included a Subsidy Cost of $0.00.