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General Services Administration Awarded a Contract to DYNAMIC BUSINESS GROUP, INC. for $500,000.00
Signed on
8/26/2024, 12:00 AM
DYNAMIC BUSINESS GROUP, INC. Government Contract #47QSMS24D00BM
DYNAMIC BUSINESS GROUP, INC. was awarded a contract with the United States Government for $500,000.00. The contract was awarded by the agency office GSA/FAS/GSS/QSCA, MULTIPLE AWARD SCHEDULE CONTRACTING DIVISION, which is a division with the Federal Acquisition Service within the General Services Administration.
Summary of Award
The JSON response from usaspending.gov outlines a Federal Supply Schedule (FSS) contract awarded to Dynamic Business Group, Inc. by the General Services Administration (GSA), specifically through its Federal Acquisition Service (FAS). The contract is categorized as an Indefinite Delivery Vehicle (IDV), designated by the unique award ID CONT_IDV_47QSMS24D00BM_4732. This IDV is described as a "Federal Supply Schedule Contract," illustrating its nature as part of a structured procurement process for frequently needed goods and services. Signed on August 26, 2024, the contract is poised to run till August 25, 2029. The initial structure of this arrangement highlights a financial ceiling encompassing base and all potential options totaling $500,000, although no financial obligation has been executed yet.
Dynamic Business Group, Inc., the recipient, is a multifaceted entity situated in Hanover, Maryland. The firm operates under various business categories, emphasizing its diverse operational and ownership structure. Notable designations include participation in the 8(a) Program, being Black American and Minority-Owned, and recognized as an Economically Disadvantaged Women-Owned Small Business and a Self-Certified Small Disadvantaged Business. Such statuses enable the corporation to access specific government contracting opportunities designed to promote small and disadvantaged business participation in federal procurement.
This contract involves services categorized under the National American Industry Classification System (NAICS) code 493110, which corresponds to General Warehousing and Storage. It also falls under the Product Service Code (PSC) R799, designated for "Support-Management: Other," underlining the broad, management-oriented nature of services expected from the contract.
The contracting and funding agency roles are both fulfilled by the GSA and its Federal Acquisition Service, noted for its role as a key facilitator of procurement and acquisition for the federal government. This role includes ensuring the availability of essential products and services through easy and efficient procurement processes.
The procurement process adhered to a "Full and Open Competition" standard, indicating an open bidding process with no preference or set-asides employed, which underscores the transparency and competitive nature of the contract award. Despite receiving 999 offers during the solicitation phase, Dynamic Business Group, Inc. emerged successfully, a testament to its capabilities and alignment with government requirements.
Within the document, the transactions related to the contract include four official records, each capturing a specific action date and modification number (Mod). These transaction entries denote updates or formal amendments to the contract:
1. **August 26, 2024 (Mod 0):** Marks the initiation of the contract, signaling the start of the period of performance, delineating the established terms, and confirming the agreement between GSA and Dynamic Business Group, Inc.
2. **December 27, 2024 (Mod PSA887):** Indicates a subsequent update to the contract needs or conditions post-initiation. While the details of this transaction remain unspecified financially, such amendments often address administrative or scope adjustments without altering the monetary value.
3. **January 22, 2025 (Mod PSA888):** Represents another stakeholder engagement or adjustment moment, possibly updating specific contract elements or addressing operative challenges faced during the early phase of contract performance.
4. **April 10, 2025 (Mod PSA893):** Further adjustments may involve administrative clarifications or procedural enhancements within the contract framework. Despite these numerous revisions, no financial expenditures or obligations are recorded, suggesting an emphasis on setting operational precedents or strategic alignment rather than immediate financial transactions.
The absence of transactional amounts across the entries may suggest that these procedures are largely procedural or preparatory, aiming to fine-tune contract terms to facilitate smooth execution. However, the structured amendments and continuous engagement reflect proactive contract management by the GSA and the recipient.
Overall, this contract underscores a sophisticated procurement effort, blending transparency with strategic vendor engagement, having selected Dynamic Business Group, Inc. for its multifaceted capability and alignment with federal contracting criteria. The outlined setup and anticipatory structuring reflect the GSA’s commitment to ensuring that its acquisition strategies effectively leverage the diverse capabilities of the small business community, all while maintaining rigorous standards and fostering unwavering accountability throughout the contract lifecycle.
Contract Details
Agency Details
Recipient Details
Comments
Award Transactions
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Acquisition Service, a sub agency of General Services Administration, issued a payment of $0.00 to DYNAMIC BUSINESS GROUP, INC.. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.