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Department of Housing and Urban Development Awarded a Contract to ECONOMIC SYSTEMS INC for $163,418.00

Signed on

5/31/2023, 12:00 AM

ECONOMIC SYSTEMS INC Government Contract #86614323F00023

ECONOMIC SYSTEMS INC was awarded a contract with the United States Government for $163,418.00. The contract was awarded by the agency office CPO : PHILADELPHIA OPERATIONS BRANC, which is a division with the Department of Housing and Urban Development within the Department of Housing and Urban Development.

Summary of Award

The recipient of the federal contract is Economic Systems Inc, a U.S.-owned business located in Falls Church, Virginia. The contract is for retirement benefits calculations for HUD employees and is funded by the Department of Housing and Urban Development, with a total value of $163,418. Notable transactions include amounts of $79,716 and $83,702 for specific actions related to the contract.

Contract Details

Contract ID86614323F00023
Contract TypeC
Total Obligation$163,418.00
Exercised Options$163,418.00
Base Amount + Options$163,418.00
Date Signed2023-05-31
Contract DescriptionRETIREMENT BENEFITS CALCULATIONS FOR HUD EMPLOYEES
Start Date2023-06-01
End Date2025-05-31

Agency Details

Awarding AgencyDepartment of Housing and Urban Development
Awarding Sub AgencyDepartment of Housing and Urban Development
Awarding OfficeCPO : PHILADELPHIA OPERATIONS BRANC
Funding AgencyDepartment of Housing and Urban Development
Funding Sub AgencyDepartment of Housing and Urban Development
Funding OfficeCHCO : CHIEF HUMAN CAPITAL OFFICE

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 #P00003 | $0.00June 3, 2025

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, 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 #P00002 | $0.00December 3, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, 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 #P00001 | $83,702.00March 26, 2024

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $83,702.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $79,716.00May 31, 2023

Department of Housing and Urban Development, a sub agency of Department of Housing and Urban Development, issued a payment of $79,716.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.