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Department of State Awarded a Contract to PRECISION AIR INC for $2,090,499.22

Signed on

7/19/2023, 12:00 AM

PRECISION AIR INC Government Contract #19AQMM23F1814

PRECISION AIR INC was awarded a contract with the United States Government for $2,090,499.22. 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 Precision Air Inc, a U.S.-owned business based in South Carolina. The contract, funded by the Department of State, is for the storage of INL/A DHC 8 aircraft and is worth $2,039,222.43. Notable spending patterns include several transactions, with the latest one on 2026-03-09, showing a transaction amount of -$515,629.82. Other transactions range from $6,006 to $557,327.25.

Contract Details

Contract ID19AQMM23F1814
Contract TypeC
Total Obligation$2,039,222.43
Exercised Options$2,090,499.22
Base Amount + Options$2,090,499.22
Date Signed2023-07-19
Contract DescriptionSTORAGE OF INL/A DHC 8 AIRCRAFT
Start Date2023-08-07
End Date2026-01-20

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 INTERNATIONAL NARCOTICS

Recipient Details

RecipientPRECISION AIR INC
Recipient Location900 WANDO PARK BLVD MOUNT PLEASANT SOUTH CAROLINA, UNITED STATES
Business Categories8(a) Program Participant, Alaskan Native Corporation Owned Firm, American Indian Owned Business, Category Business, Corporate Entity Not Tax Exempt, Government, Native American Tribal Government, Manufacturer of Goods, Minority Owned Business, Native American Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Tribally Owned Firm, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00011 | $-515,629.82March 9, 2026

Department of State, a sub agency of Department of State, issued a payment of $-515,629.82 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00010 | $224,460.00July 21, 2025

Department of State, a sub agency of Department of State, issued a payment of $224,460.00 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00009 | $112,230.00June 11, 2025

Department of State, a sub agency of Department of State, issued a payment of $112,230.00 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00008 | $407,371.00May 14, 2025

Department of State, a sub agency of Department of State, issued a payment of $407,371.00 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007 | $150,000.00April 3, 2025

Department of State, a sub agency of Department of State, issued a payment of $150,000.00 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00006 | $557,327.25March 25, 2025

Department of State, a sub agency of Department of State, issued a payment of $557,327.25 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $0.00February 26, 2025

Department of State, a sub agency of Department of State, issued a payment of $0.00 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $15,000.00December 17, 2024

Department of State, a sub agency of Department of State, issued a payment of $15,000.00 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $6,006.00December 3, 2024

Department of State, a sub agency of Department of State, issued a payment of $6,006.00 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $499,020.00June 26, 2024

Department of State, a sub agency of Department of State, issued a payment of $499,020.00 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $242,244.00January 18, 2024

Department of State, a sub agency of Department of State, issued a payment of $242,244.00 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $341,194.00July 19, 2023

Department of State, a sub agency of Department of State, issued a payment of $341,194.00 to PRECISION AIR INC. The payment included a Subsidy Cost of $0.00.