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Department of Transportation Awarded a Contract to THE BIONETICS CORP for $6,837,929.31

Signed on

7/19/2024, 12:00 AM

THE BIONETICS CORP Government Contract #6973GH24F01192

THE BIONETICS CORP was awarded a contract with the United States Government for $6,837,929.31. The contract was awarded by the agency office 6973GH FRANCHISE ACQUISITION SVCS, which is a division with the Federal Aviation Administration within the Department of Transportation.

Summary of Award

The recipient of the federal contract is The Bionetics Corp, a U.S.-owned business located in Yorktown, Virginia. The contract, funded by the Department of Transportation through the Federal Aviation Administration, is for the repair and maintenance of navigational instruments, with a total obligation of $5,344,481.42. Notable spending patterns include transactions ranging from $22,000 to over $1.4 million for various services related to the contract.

Contract Details

Contract ID6973GH24F01192
Contract TypeC
Total Obligation$5,344,481.42
Exercised Options$5,344,481.42
Base Amount + Options$6,837,929.31
Date Signed2024-07-19
Contract DescriptionINCREMENTAL FUNDING
Start Date2024-07-19
End Date2025-06-30

Agency Details

Awarding AgencyDepartment of Transportation
Awarding Sub AgencyFederal Aviation Administration
Awarding Office6973GH FRANCHISE ACQUISITION SVCS
Funding AgencyDepartment of Transportation
Funding Sub AgencyFederal Aviation Administration
Funding OfficeFAA

Recipient Details

RecipientTHE BIONETICS CORP
Recipient Location101 PRODUCTION DR STE 100 YORKTOWN VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00008 | $25,000.00May 28, 2025

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $25,000.00 to THE BIONETICS CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00007 | $1,420,782.00May 9, 2025

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $1,420,782.00 to THE BIONETICS CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00006 | $1,453,489.00February 10, 2025

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $1,453,489.00 to THE BIONETICS CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $750,475.16November 25, 2024

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $750,475.16 to THE BIONETICS CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $50,000.00September 13, 2024

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $50,000.00 to THE BIONETICS CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $-50,000.00September 11, 2024

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $-50,000.00 to THE BIONETICS CORP. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $249,735.26August 13, 2024

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $249,735.26 to THE BIONETICS CORP. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $220,000.00August 8, 2024

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $220,000.00 to THE BIONETICS CORP. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $1,225,000.00July 19, 2024

Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $1,225,000.00 to THE BIONETICS CORP. The payment included a Subsidy Cost of $0.00.