Department of Homeland Security Awarded a Contract to ECONOMIC SYSTEMS INC for $1,450,242.86

Q: Where is ECONOMIC SYSTEMS INC located?

3120 FAIRVIEW PARK DR STE 500 FALLS CHURCH VIRGINIA UNITED STATES

Signed on

7/23/2024, 12:00 AM

ECONOMIC SYSTEMS INC Government Contract #70FA3024F00000205

ECONOMIC SYSTEMS INC was awarded a contract with the United States Government for $1,450,242.86. The contract was awarded by the agency office INFORMATION TECHNOLOGY COMMODITIES AND TELECOMMUNICATIONS, which is a division with the Federal Emergency Management Agency within the Department of Homeland Security.

Summary of Award

The recipient of the government contract is Economic Systems Inc, a U.S.-owned small business located in Falls Church, Virginia. The contract is for an annual subscription renewal of FEDHR Navigator software for the FEMA Office. The contract, funded by the Department of Homeland Security, is worth $1,450,242.86. Notable transactions include one for $99,950 on July 11, 2025, and another for $1,350,292.86 on July 23, 2024.

Contract Details

Contract ID70FA3024F00000205

Contract TypeC

Total Obligation$1,450,242.86

Exercised Options$1,450,242.86

Base Amount + Options$1,450,242.86

Date Signed2024-07-23

Contract DescriptionANNUAL FEDHR NAVIGATOR SOFTWARE SUBSCRIPTION RENEWAL FOR THE FEMA OFFICE OF THE CHIEF COMPONENT HUMAN CAPITAL OFFICER (OCCHCO).

Start Date2024-07-14

End Date2025-08-13

Agency Details

Awarding AgencyDepartment of Homeland Security

Awarding Sub AgencyFederal Emergency Management Agency

Awarding OfficeINFORMATION TECHNOLOGY COMMODITIES AND TELECOMMUNICATIONS

Funding AgencyDepartment of Homeland Security

Funding Sub AgencyFederal Emergency Management Agency

Funding OfficeMS - MISSION SUPPORT

Recipient Details

RecipientECONOMIC SYSTEMS INC

Recipient Location3120 FAIRVIEW PARK DR STE 500 FALLS CHURCH VIRGINIA, UNITED STATES

Business CategoriesCategory Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00001 | $99,950.00July 11, 2025

Federal Emergency Management Agency, a sub agency of Department of Homeland Security, issued a payment of $99,950.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $1,350,292.86July 23, 2024

Federal Emergency Management Agency, a sub agency of Department of Homeland Security, issued a payment of $1,350,292.86 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.