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Federal Maritime Commission Awarded a Contract to ECONOMIC SYSTEMS INC for $28,158.39

Signed on

5/13/2024, 12:00 AM

ECONOMIC SYSTEMS INC Government Contract #65310224F00007

ECONOMIC SYSTEMS INC was awarded a contract with the United States Government for $28,158.39. The contract was awarded by the agency office FEDERAL MARITIME COMMISSION, which is a division with the Federal Maritime Commission within the Federal Maritime Commission.

Summary of Award

The US federal government awarded a contract to Economic Systems Inc. for the FED HR NAVIGATOR project, with a total obligation of $10,027.13. The contract falls under the category of delivery order and was signed on May 13, 2024. The contract includes base exercised options of $10,027.13 and base and all options totaling $28,158.39. The total account outlay and obligation amount to $4,807.53. The parent award agency is the General Services Administration, specifically the Federal Acquisition Service.

Economic Systems Inc. is a U.S.-owned business located in Falls Church, Virginia. They specialize in human resources consulting services, specifically in human resources and executive search consulting services. The company's address is 3120 Fairview Park Dr Ste 500, Falls Church, VA 22042.

The contract is for IT and telecom services, specifically business application/application development software as a service. The contract was subject to multiple award fair opportunity and full and open competition. The contract was not consolidated and was a firm-fixed price agreement. The contract was awarded by the Federal Maritime Commission, with a period of performance from May 13, 2024, to March 31, 2026, with a potential end date of March 31, 2029. The contract transactions include two entries. The first transaction, dated May 13, 2024, had a transaction amount of $4,807.53, with no subsidy cost. The second transaction, dated March 31, 2025, had a transaction amount of $5,219.60, with no subsidy cost. Both transactions were under the same award ID and involved the same recipient, Economic Systems Inc. In summary, the awarded contract between the US federal government and Economic Systems Inc. for the FED HR NAVIGATOR project involves the provision of human resources consulting services through IT and telecom services. The contract is for a firm-fixed price and was awarded through full and open competition. The contract has a total obligation of $10,027.13 and a period of performance until March 31, 2026. Economic Systems Inc. is a U.S.-owned business located in Falls Church, Virginia, specializing in human resources consulting services.

Contract Details

Contract ID65310224F00007
Contract TypeC
Total Obligation$10,027.13
Exercised Options$10,027.13
Base Amount + Options$28,158.39
Date Signed2024-05-13
Contract DescriptionFED HR NAVIGATOR
Start Date2024-05-13
End Date2026-03-31

Agency Details

Awarding AgencyFederal Maritime Commission
Awarding Sub AgencyFederal Maritime Commission
Awarding OfficeFEDERAL MARITIME COMMISSION
Funding AgencyFederal Maritime Commission
Funding Sub AgencyFederal Maritime Commission
Funding OfficeFEDERAL MARITIME COMMISSION

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 | $5,219.60March 31, 2025

Federal Maritime Commission, a sub agency of Federal Maritime Commission, issued a payment of $5,219.60 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $4,807.53May 13, 2024

Federal Maritime Commission, a sub agency of Federal Maritime Commission, issued a payment of $4,807.53 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $11,405.68April 1, 2026

Federal Maritime Commission, a sub agency of Federal Maritime Commission, issued a payment of $11,405.68 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $5,219.60March 31, 2025

Federal Maritime Commission, a sub agency of Federal Maritime Commission, issued a payment of $5,219.60 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $4,807.53May 13, 2024

Federal Maritime Commission, a sub agency of Federal Maritime Commission, issued a payment of $4,807.53 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.