Department of State Awarded a Contract to HSU DEVELOPMENT, INC. for $150,008,000.00

Q: Where is HSU DEVELOPMENT, INC. located?

507 N FREDERICK AVE GAITHERSBURG MARYLAND UNITED STATES

Signed on

6/24/2022, 12:00 AM

HSU DEVELOPMENT, INC. Government Contract #19AQMM22D0052

HSU DEVELOPMENT, INC. was awarded a contract with the United States Government for $150,008,000.00. 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 HSU DEVELOPMENT, INC., a small business based in Gaithersburg, Maryland. The contract is an Indefinite Delivery/Indefinite Quantity (IDIQ) agreement for design build construction and construction projects worth $150,008,000. The funding agency is the Department of State, specifically the Bureau of Overseas Buildings Ops. Notable details include the contract being a multiple award, set aside partially for small businesses, and involving the construction of office buildings.

Contract Details

Contract ID19AQMM22D0052

Contract TypeIDV_B_B

Total Obligation$8,000.00

Exercised Options

Base Amount + Options$150,008,000.00

Date Signed2022-06-24

Contract DescriptionIDIQ FOR DESIGN BUILD CONSTRUCTION AND CONSTRUCTION PROJECTS

Start Date2022-06-30

End Date2026-06-29

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 OfficeBUREAU OF OVERSEAS BUILDINGS OPS

Recipient Details

RecipientHSU DEVELOPMENT, INC.

Recipient Location507 N FREDERICK AVE GAITHERSBURG MARYLAND, UNITED STATES

Business CategoriesAsian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, HUBZone Firm, Minority Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business