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Department of the Interior Awarded a Contract to THE IQ BUSINESS GROUP, INC. for $53,280,584.32

Signed on

11/15/2020, 12:00 AM

THE IQ BUSINESS GROUP, INC. Government Contract #140D0421F0002

THE IQ BUSINESS GROUP, INC. was awarded a contract with the United States Government for $53,280,584.32. The contract was awarded by the agency office IBC ACQ SVCS DIRECTORATE (00004), which is a division with the Departmental Offices within the Department of the Interior.

Summary of Award

The recipient of the federal contract is THE IQ BUSINESS GROUP, INC., a U.S.-Owned Small Business located in Virginia. The contract, funded by the Department of the Interior, is for an EMAIL ENTERPRISE RECORDS AND DOCUMENT MANAGEMENT SYSTEM, worth $53,280,584.32. The notable spending patterns include total obligations of $36,870,684.38 and total outlays of $36,117,600.85 towards the project.

Contract Details

Contract ID140D0421F0002
Contract TypeC
Total Obligation$40,453,474.32
Exercised Options$40,453,474.32
Base Amount + Options$53,280,584.32
Date Signed2020-11-15
Contract DescriptionEMAIL ENTERPRISE RECORDS AND DOCUMENT MANAGEMENT SYSTEM
Start Date2020-11-16
End Date2026-11-15

Agency Details

Awarding AgencyDepartment of the Interior
Awarding Sub AgencyDepartmental Offices
Awarding OfficeIBC ACQ SVCS DIRECTORATE (00004)
Funding AgencyDepartment of the Interior
Funding Sub AgencyDepartmental Offices
Funding OfficeCHIEF INFORMATION OFFICER (00003)

Recipient Details

RecipientTHE IQ BUSINESS GROUP, INC.
Recipient Location1751 PINNACLE DR MC LEAN VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

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