Department of Transportation Awarded a Contract to SHARMA & ASSOCIATES INC for $299,010.00

Q: Where is SHARMA & ASSOCIATES INC located?

5810 S GRANT ST HINSDALE ILLINOIS UNITED STATES

Signed on

9/8/2025, 12:00 AM

SHARMA & ASSOCIATES INC Government Contract #693JJ625C000006

SHARMA & ASSOCIATES INC was awarded a contract with the United States Government for $299,010.00. The contract was awarded by the agency office 693JJ6 FEDERAL RAILROAD ADMIN, which is a division with the Federal Railroad Administration within the Department of Transportation.

Summary of Award

The recipient of the federal contract is Sharma & Associates Inc, a U.S.-Owned Business located in Hinsdale, Illinois. The contract, funded by the Department of Transportation's Federal Railroad Administration, is for developing an algorithm to identify derailment risks using rail profiles and track geometry, valued at $203,782. One notable transaction of the contract was made on September 8, 2025, for the full contract amount.

Contract Details

Contract ID693JJ625C000006

Contract TypeD

Total Obligation$203,782.00

Exercised Options$203,782.00

Base Amount + Options$299,010.00

Date Signed2025-09-08

Contract DescriptionTHE PURPOSE OF THIS STAND-ALONE CONTRACT IS TO PROVIDE FUNDING FOR THE RESEARCH AND DEVELOPMENT OF AN INNOVATIVE ALGORITHM DEVELOPMENT TO IDENTIFY DERAILMENT RISKS USING RAIL PROFILES AND TRACK GEOMETRY. ONCE DEVELOPED, THIS ALGORITHM WILL BE INTEGRA

Start Date2025-09-29

End Date2027-03-28

Agency Details

Awarding AgencyDepartment of Transportation

Awarding Sub AgencyFederal Railroad Administration

Awarding Office693JJ6 FEDERAL RAILROAD ADMIN

Funding AgencyDepartment of Transportation

Funding Sub AgencyFederal Railroad Administration

Funding Office693JJ6 FEDERAL RAILROAD ADMIN

Recipient Details

RecipientSHARMA & ASSOCIATES INC

Recipient Location5810 S GRANT ST HINSDALE ILLINOIS, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Not Designated a Small Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Comments

Award Transactions

Transaction #0 | $203,782.00September 8, 2025

Federal Railroad Administration, a sub agency of Department of Transportation, issued a payment of $203,782.00 to SHARMA & ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00February 1, 2026

Federal Railroad Administration, a sub agency of Department of Transportation, issued a payment of $0.00 to SHARMA & ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $203,782.00September 8, 2025

Federal Railroad Administration, a sub agency of Department of Transportation, issued a payment of $203,782.00 to SHARMA & ASSOCIATES INC. The payment included a Subsidy Cost of $0.00.