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Department of Labor Awarded a Contract to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC for $10,432,331.36

Signed on

12/15/2021, 12:00 AM

NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC Government Contract #1605C222C0006

NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC was awarded a contract with the United States Government for $10,432,331.36. The contract was awarded by the agency office DOL - CAS DIVISION 2 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 the National Institute of Innovation & Technology Inc, which is located in Maryland. The contract, funded by the Department of Labor's Employment and Training Administration, is for launching, promoting, and expanding multi-employer registered apprenticeship models and is worth $10,432,331.36. Notable transactions include various amounts awarded over multiple months, with the highest transaction being $2,750,855.75 in December 2024.

Contract Details

Contract ID1605C222C0006
Contract TypeD
Total Obligation$10,432,331.36
Exercised Options$10,432,331.36
Base Amount + Options$10,432,331.36
Date Signed2021-12-15
Contract DescriptionINDUSTRY INTERMEDIARIES TO LAUNCH, PROMOTE, AND EXPAND MULTI-EMPLOYER REGISTERED APPRENTICESHIP MODELS.
Start Date2021-12-15
End Date2024-12-15

Agency Details

Awarding AgencyDepartment of Labor
Awarding Sub AgencyOffice of the Assistant Secretary for Administration and Management
Awarding OfficeDOL - CAS DIVISION 2 PROCUREMENT
Funding AgencyDepartment of Labor
Funding Sub AgencyEmployment and Training Administration
Funding OfficeDOL (ETA) OFC OF APPRENTICESHIP

Recipient Details

RecipientNATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC
Recipient Location1333 ASHTON RD HANOVER MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Nonprofit Organization, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00017$-0.09December 2, 2025

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $-0.09 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00016$0.00March 28, 2025

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00015$0.00January 31, 2025

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00014$0.00January 27, 2025

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00013$2,750,855.75December 2, 2024

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $2,750,855.75 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$0.00October 7, 2024

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$-0.03August 28, 2024

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $-0.03 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00010$2,682,375.70November 29, 2023

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $2,682,375.70 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$-57,428.07July 25, 2023

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $-57,428.07 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008$317,871.50June 26, 2023

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $317,871.50 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$0.00February 1, 2023

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$2,398,285.60November 30, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $2,398,285.60 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$0.00November 18, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00October 17, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00May 13, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00April 27, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00February 28, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$2,340,371.00December 15, 2021

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $2,340,371.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00018$-0.70June 11, 2026

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $-0.70 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00017$-0.09December 2, 2025

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $-0.09 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00016$0.00March 28, 2025

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00015$0.00January 31, 2025

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00014$0.00January 27, 2025

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00013$2,750,855.75December 2, 2024

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $2,750,855.75 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$0.00October 7, 2024

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$-0.03August 28, 2024

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $-0.03 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00010$2,682,375.70November 29, 2023

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $2,682,375.70 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$-57,428.07July 25, 2023

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $-57,428.07 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008$317,871.50June 26, 2023

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $317,871.50 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$0.00February 1, 2023

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$2,398,285.60November 30, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $2,398,285.60 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$0.00November 18, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00October 17, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00May 13, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00April 27, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00February 28, 2022

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $0.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$2,340,371.00December 15, 2021

Employment and Training Administration, a sub agency of Department of Labor, issued a payment of $2,340,371.00 to NATIONAL INSTITUTE OF INNOVATION & TECHNOLOGY INC. The payment included a Subsidy Cost of $0.00.