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General Services Administration Awarded a Contract to OLOOP LLC for $50,000,000,000.00
Signed on
6/17/2021, 12:00 AM
OLOOP LLC Government Contract #47QTCB21D0076
OLOOP LLC was awarded a contract with the United States Government for $50,000,000,000.00. The contract was awarded by the agency office GSA/FAS ITC OFFICE OF ACQUISITION OPERATIONS, INTERAGENCY CONTRACTS, which is a division with the Federal Acquisition Service within the General Services Administration.
Summary of Award
The US federal government awarded a contract to OLOOP LLC through the General Services Administration's Federal Acquisition Service for a total obligation of $250. The contract, identified as CONT_IDV_47QTCB21D0076_4732, falls under the category of IDV_A, specifically a Government Wide Acquisition Contract (GWAC). The contract was signed on June 17, 2021, with a base and all options value of $50,000,000,000.
OLOOP LLC, based in Aurora, Illinois, is a U.S.-owned business that offers IT and telecom services, specifically in the area of business application and application development support services. The company is a participant in the 8(a) Program and holds various certifications, including being a minority-owned business and a small disadvantaged business.
The contract with OLOOP LLC is part of the 8(A) STARS III program acronym and involves services related to computer systems design. The contract was competitively awarded through a negotiated proposal/quote process, with full and open competition after the exclusion of sources. The contract is a multiple award contract, allowing for pricing arrangements to be determined separately for each order.
The contract has a period of performance starting on July 2, 2021, and ending on July 1, 2026, with a last modified date of March 31, 2025. The contract does not involve any loan value or subsidy cost. The contract includes several modifications, with the latest one being P00006.
The contract has seen several transactions since its inception. The most recent transaction, dated March 31, 2025, did not involve any transaction amount. Previous transactions on March 18, 2024, November 15, 2023, July 10, 2023, and October 15, 2021, also did not involve any transaction amount. The initial transaction on June 17, 2021, had a transaction amount of $250.
Overall, the contract between the US federal government and OLOOP LLC through the General Services Administration's Federal Acquisition Service is a significant agreement in the IT and telecom sector, providing essential services in computer systems design. The contract showcases the government's commitment to working with small disadvantaged businesses and promoting competition in the procurement process.
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 OLOOP LLC. 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 OLOOP LLC. 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 OLOOP LLC. 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 OLOOP LLC. 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 OLOOP LLC. 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 OLOOP LLC. 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 $250.00 to OLOOP LLC. The payment included a Subsidy Cost of $0.00.