Department of Labor Awarded a Contract to STRATEGIC TECHNOLOGY INSTITUTE INC for $1,051,798.65

Q: Where is STRATEGIC TECHNOLOGY INSTITUTE INC located?

6000 EXECUTIVE BLVD ROCKVILLE MARYLAND UNITED STATES

Signed on

9/27/2023, 12:00 AM

STRATEGIC TECHNOLOGY INSTITUTE INC Government Contract #1605C123F00068

STRATEGIC TECHNOLOGY INSTITUTE INC was awarded a contract with the United States Government for $1,051,798.65. The contract was awarded by the agency office DOL - CAS DIVISION 1 PROCUREMENT, which is a division with the Office of the Assistant Secretary for Administration and Management within the Department of Labor.

Summary of Award

The recipient of the federal contract is Strategic Technology Institute Inc, a consulting company located in Rockville, Maryland. The contract, funded by the Department of Labor, is for consulting pension actuarial services and is worth $1,051,798.65. Notable transactions include a payment of $401,783.85 and multiple transactions with one of them being for $129,000.

Contract Details

Contract ID1605C123F00068

Contract TypeC

Total Obligation$1,051,798.65

Exercised Options$1,051,798.65

Base Amount + Options$1,051,798.65

Date Signed2023-09-27

Contract DescriptionCONSULTING PENSION ACTUARIAL SERVICES.

Start Date2023-09-27

End Date2026-03-27

Agency Details

Awarding AgencyDepartment of Labor

Awarding Sub AgencyOffice of the Assistant Secretary for Administration and Management

Awarding OfficeDOL - CAS DIVISION 1 PROCUREMENT

Funding AgencyDepartment of Labor

Funding Sub AgencyEmployee Benefits Security Administration

Funding OfficeDEPT OF LABOR-EBSA/OFC POLCY RES

Recipient Details

RecipientSTRATEGIC TECHNOLOGY INSTITUTE INC

Recipient Location6000 EXECUTIVE BLVD ROCKVILLE MARYLAND, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Not Designated a Small Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00006 | $0.00August 12, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005 | $401,783.85December 23, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $401,783.85 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $0.00December 20, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $129,000.00August 30, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $129,000.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $0.00July 30, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00January 18, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $521,014.80September 27, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $521,014.80 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.