Department of Veterans Affairs Awarded a Contract to REGENTS OF UNIVERSITY OF MINNESOTA for $666,913.56

Q: Where is REGENTS OF UNIVERSITY OF MINNESOTA located?

1300 S 2ND ST STE 600 MINNEAPOLIS MINNESOTA UNITED STATES

Signed on

5/1/2023, 12:00 AM

REGENTS OF UNIVERSITY OF MINNESOTA Government Contract #36C26323P0419

REGENTS OF UNIVERSITY OF MINNESOTA was awarded a contract with the United States Government for $666,913.56. The contract was awarded by the agency office NETWORK CONTRACT OFFICE 23 (36C263), which is a division with the Department of Veterans Affairs within the Department of Veterans Affairs.

Summary of Award

The recipient of the federal contract is the Regents of University of Minnesota, an educational institution based in Minneapolis, Minnesota. The contract, funded by the Department of Veterans Affairs, is for real-life patient simulators and medical training, valued at $39,117.60. Notable transactions include a payment of $75,299.20 and subsequent deductions totaling $153,273.80.

Contract Details

Contract ID36C26323P0419

Contract TypeB

Total Obligation$39,117.60

Exercised Options$354,112.08

Base Amount + Options$666,913.56

Date Signed2023-05-01

Contract DescriptionREAL LIFE PATIENT SIMULATORS/MEDICAL TRAINING

Start Date2023-05-01

End Date2025-03-10

Agency Details

Awarding AgencyDepartment of Veterans Affairs

Awarding Sub AgencyDepartment of Veterans Affairs

Awarding OfficeNETWORK CONTRACT OFFICE 23 (36C263)

Funding AgencyDepartment of Veterans Affairs

Funding Sub AgencyDepartment of Veterans Affairs

Funding Office618-MINNEAPOLIS VA MED CTR (00618)

Recipient Details

RecipientREGENTS OF UNIVERSITY OF MINNESOTA

Recipient Location1300 S 2ND ST STE 600 MINNEAPOLIS MINNESOTA, UNITED STATES

Business CategoriesCategory Business, Educational Institution, Government, Higher Education, U.S. National Government, Not Designated a Small Business, Higher Education (Public), U.S. Regional/State Government

Comments

Award Transactions

Transaction #P00004 | $-56,003.40May 29, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-56,003.40 to REGENTS OF UNIVERSITY OF MINNESOTA. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $-53,270.40March 27, 2025

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $-53,270.40 to REGENTS OF UNIVERSITY OF MINNESOTA. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $75,292.20April 24, 2024

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $75,292.20 to REGENTS OF UNIVERSITY OF MINNESOTA. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $73,099.20May 1, 2023

Department of Veterans Affairs, a sub agency of Department of Veterans Affairs, issued a payment of $73,099.20 to REGENTS OF UNIVERSITY OF MINNESOTA. The payment included a Subsidy Cost of $0.00.