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Department of State Awarded a Contract to LOTTE HOTEL NEW YORK PALACE, LLC for $2,458,535.88

Signed on

7/20/2021, 12:00 AM

LOTTE HOTEL NEW YORK PALACE, LLC Government Contract #19AQMM21F2669

LOTTE HOTEL NEW YORK PALACE, LLC was awarded a contract with the United States Government for $2,458,535.88. The contract was awarded by the agency office ACQUISITIONS - AQM MOMENTUM, which is a division with the Department of State within the Department of State.

Summary of Award

The recipient of the federal contract is Lotte Hotel New York Palace, LLC, a U.S.-owned business located in New York. The contract, funded by the Department of State, is for providing miscellaneous service and trade equipment, specifically hotels and motels. The contract is worth $2,458,535.88 and involves notable transactions including payments of $1,387,238.05, $839,910, and $300,000 on different dates.

Contract Details

Contract ID19AQMM21F2669
Contract TypeC
Total Obligation$2,458,535.88
Exercised Options$2,458,535.88
Base Amount + Options$2,458,535.88
Date Signed2021-07-20
Contract DescriptionUNGA
Start Date2021-07-13
End Date2022-02-28

Agency Details

Awarding AgencyDepartment of State
Awarding Sub AgencyDepartment of State
Awarding OfficeACQUISITIONS - AQM MOMENTUM
Funding AgencyDepartment of State
Funding Sub AgencyDepartment of State
Funding OfficeOFFICE OF THE SECRETARY OF STATE

Recipient Details

RecipientLOTTE HOTEL NEW YORK PALACE, LLC
Recipient Location455 MADISON AVE AT 50TH ST NEW YORK NEW YORK, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00008 | $-10,945.78June 12, 2025

Department of State, a sub agency of Department of State, issued a payment of $-10,945.78 to LOTTE HOTEL NEW YORK PALACE, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007 | $-49,976.39March 13, 2022

Department of State, a sub agency of Department of State, issued a payment of $-49,976.39 to LOTTE HOTEL NEW YORK PALACE, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $1,387,238.05December 8, 2021

Department of State, a sub agency of Department of State, issued a payment of $1,387,238.05 to LOTTE HOTEL NEW YORK PALACE, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $-16,400.00September 24, 2021

Department of State, a sub agency of Department of State, issued a payment of $-16,400.00 to LOTTE HOTEL NEW YORK PALACE, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $6,700.00September 22, 2021

Department of State, a sub agency of Department of State, issued a payment of $6,700.00 to LOTTE HOTEL NEW YORK PALACE, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $839,910.00September 17, 2021

Department of State, a sub agency of Department of State, issued a payment of $839,910.00 to LOTTE HOTEL NEW YORK PALACE, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $2,010.00September 13, 2021

Department of State, a sub agency of Department of State, issued a payment of $2,010.00 to LOTTE HOTEL NEW YORK PALACE, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00September 13, 2021

Department of State, a sub agency of Department of State, issued a payment of $0.00 to LOTTE HOTEL NEW YORK PALACE, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $300,000.00July 20, 2021

Department of State, a sub agency of Department of State, issued a payment of $300,000.00 to LOTTE HOTEL NEW YORK PALACE, LLC. The payment included a Subsidy Cost of $0.00.

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