Department of Education Awarded a Contract to ECONOMIC SYSTEMS INC for $194,120.00

Q: Where is ECONOMIC SYSTEMS INC located?

3120 FAIRVIEW PARK DR STE 500 FALLS CHURCH VIRGINIA UNITED STATES

Signed on

9/4/2025, 12:00 AM

ECONOMIC SYSTEMS INC Government Contract #91990025F0082

ECONOMIC SYSTEMS INC was awarded a contract with the United States Government for $194,120.00. 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 Economic Systems Inc, located in Falls Church, Virginia. They are a U.S.-owned business that provides professional support services. The contract, funded by the Department of Education, is for cost estimation and analysis related to student aid programs, with a total value of $87,176. A notable transaction involved an initial amount of $87,176 awarded on the contract's start date of September 4, 2025.

Contract Details

Contract ID91990025F0082

Contract TypeC

Total Obligation$87,176.00

Exercised Options$87,176.00

Base Amount + Options$194,120.00

Date Signed2025-09-04

Contract DescriptionTHE COST ESTIMATION AND ANALYSIS DIVISION OF THE OFFICE OF PLANNING EVALUATION POLICY DEVELOPMENT IS RESPONSIBLE FOR PROJECTING COSTS FOR THE DEPARTMENTS STUDENT AID PROGRAMS INCLUDING THE FEDERAL PELL GRANT AND FEDERAL FAMILY EDUCATION LOAN AND FEDE

Start Date2025-09-04

End Date2026-09-29

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

RecipientECONOMIC SYSTEMS INC

Recipient Location3120 FAIRVIEW PARK DR STE 500 FALLS CHURCH VIRGINIA, UNITED STATES

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

Comments

Award Transactions

Transaction #P00001 | $0.00September 4, 2025

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

This payment could indicate a change to the existing contract.

Transaction #0 | $87,176.00September 4, 2025

Department of Education, a sub agency of Department of Education, issued a payment of $87,176.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.