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Department of Energy Awarded a Contract to ECONOMIC SYSTEMS INC for $923,033.60

Signed on

3/31/2023, 12:00 AM

ECONOMIC SYSTEMS INC Government Contract #89303023FHC400026

ECONOMIC SYSTEMS INC was awarded a contract with the United States Government for $923,033.60. The contract was awarded by the agency office HEADQUARTERS PROCUREMENT SERVICES, which is a division with the Department of Energy within the Department of Energy.

Summary of Award

The recipient of the federal contract is Economic Systems Inc, a small U.S.-owned business based in Vienna, Virginia. The contract is for creating a federal human resources retirement calculator in support of the Department of Energy, with a total award amount of $717,944.55. Notable transactions include payments of $186,031.82, $186,021.82, $177,163.64, and $168,727.27 made on different dates related to the contract.

Contract Details

Contract ID89303023FHC400026
Contract TypeC
Total Obligation$717,944.55
Exercised Options$717,944.55
Base Amount + Options$923,033.60
Date Signed2023-03-31
Contract DescriptionFEDERAL HUMAN RESOURCES (FHR) RETIREMENT CALCULATOR IN SUPPORT OF THE DEPARTMENT OF ENERGY (DOE), OFFICE OF THE CHIEF HUMAN CAPITAL OFFICER.
Start Date2023-03-31
End Date2027-03-31

Agency Details

Awarding AgencyDepartment of Energy
Awarding Sub AgencyDepartment of Energy
Awarding OfficeHEADQUARTERS PROCUREMENT SERVICES
Funding AgencyDepartment of Energy
Funding Sub AgencyDepartment of Energy
Funding OfficeHUMAN CAPITAL

Recipient Details

RecipientECONOMIC SYSTEMS INC
Recipient Location8521 LEESBURG PIKE STE 450 VIENNA VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00003 | $186,031.82March 24, 2026

Department of Energy, a sub agency of Department of Energy, issued a payment of $186,031.82 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $186,021.82March 24, 2025

Department of Energy, a sub agency of Department of Energy, issued a payment of $186,021.82 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $177,163.64February 8, 2024

Department of Energy, a sub agency of Department of Energy, issued a payment of $177,163.64 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $168,727.27March 31, 2023

Department of Energy, a sub agency of Department of Energy, issued a payment of $168,727.27 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $0.00August 6, 2026

Department of Energy, a sub agency of Department of Energy, 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 #P00004 | $0.00June 17, 2026

Department of Energy, a sub agency of Department of Energy, 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 #P00003 | $186,031.82March 24, 2026

Department of Energy, a sub agency of Department of Energy, issued a payment of $186,031.82 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $186,021.82March 24, 2025

Department of Energy, a sub agency of Department of Energy, issued a payment of $186,021.82 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $177,163.64February 8, 2024

Department of Energy, a sub agency of Department of Energy, issued a payment of $177,163.64 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $168,727.27March 31, 2023

Department of Energy, a sub agency of Department of Energy, issued a payment of $168,727.27 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.