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Department of Transportation Awarded a Contract to STRATEGIC TECHNOLOGY INSTITUTE INC for $5,480,415.17
Signed on
1/27/2025, 12:00 AM
STRATEGIC TECHNOLOGY INSTITUTE INC Government Contract #6973GH25F00418
STRATEGIC TECHNOLOGY INSTITUTE INC was awarded a contract with the United States Government for $5,480,415.17. 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 Strategic Technology Institute Inc, located in Rockville, Maryland. The contract, funded by the Department of Transportation's Federal Aviation Administration, is for maintenance, repair, and rebuilding of aircraft and airframe structural components, totaling $4,900,000. Notable transactions include a payment of $2,400,000 for services rendered and a subsequent payment reduction of $143,622.68 on the contract.
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Award Transactions
Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $-143,622.68 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.
This payment could indicate a change to the existing contract.
Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $500,000.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.
Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $2,400,000.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.
Federal Aviation Administration, a sub agency of Department of Transportation, issued a payment of $2,000,000.00 to STRATEGIC TECHNOLOGY INSTITUTE INC. The payment included a Subsidy Cost of $0.00.