Department of Energy Awarded a Contract to GLOBAL ECONOMICS GROUP, LLC for $396,600.00

Q: Where is GLOBAL ECONOMICS GROUP, LLC located?

140 S DEARBORN ST STE 1000 CHICAGO ILLINOIS UNITED STATES

Signed on

6/30/2015, 12:00 AM

GLOBAL ECONOMICS GROUP, LLC Government Contract #FERC15C0109

GLOBAL ECONOMICS GROUP, LLC was awarded a contract with the United States Government for $396,600.00. The contract was awarded by the agency office FEDERAL ENERGY REGULATORY COMM, which is a division with the Federal Energy Regulatory Commission within the Department of Energy.

Summary of Award

The recipient of the federal contract is GLOBAL ECONOMICS GROUP, LLC, a small, U.S.-owned business based in Chicago, Illinois. The contract, funded by the Department of Energy through the Federal Energy Regulatory Commission, is for expert witness services valued at $81,122.2 initially, with a total potential value of $396,600. Notable transactions include payments of $271,077.8, $120,000, $100,000, $110,000, and $22,200 on various dates related to the contract.

Contract Details

Contract IDFERC15C0109

Contract TypeD

Total Obligation$81,122.20

Exercised Options$81,122.20

Base Amount + Options$396,600.00

Date Signed2015-06-30

Contract DescriptionEXPERT WITNESS SERVICES IGF::OT::IGF

Start Date2015-07-01

End Date2020-06-30

Agency Details

Awarding AgencyDepartment of Energy

Awarding Sub AgencyFederal Energy Regulatory Commission

Awarding OfficeFEDERAL ENERGY REGULATORY COMM

Funding AgencyDepartment of Energy

Funding Sub AgencyFederal Energy Regulatory Commission

Funding OfficeFEDERAL ENERGY REGULATORY COMM

Recipient Details

RecipientGLOBAL ECONOMICS GROUP, LLC

Recipient Location140 S DEARBORN ST STE 1000 CHICAGO ILLINOIS, UNITED STATES

Business CategoriesCategory Business, Limited Liability Corporation, Partnership or Limited Liability Partnership, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00004 | $-271,077.80March 25, 2026

Federal Energy Regulatory Commission, a sub agency of Department of Energy, issued a payment of $-271,077.80 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #3 | $120,000.00June 30, 2017

Federal Energy Regulatory Commission, a sub agency of Department of Energy, issued a payment of $120,000.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #2 | $100,000.00July 28, 2016

Federal Energy Regulatory Commission, a sub agency of Department of Energy, issued a payment of $100,000.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #1 | $110,000.00September 22, 2015

Federal Energy Regulatory Commission, a sub agency of Department of Energy, issued a payment of $110,000.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $22,200.00June 30, 2015

Federal Energy Regulatory Commission, a sub agency of Department of Energy, issued a payment of $22,200.00 to GLOBAL ECONOMICS GROUP, LLC. The payment included a Subsidy Cost of $0.00.