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Federal Trade Commission Awarded a Contract to SPECTRUM MANAGEMENT, LLC. for $2,957,395.49

Signed on

9/8/2017, 12:00 AM

SPECTRUM MANAGEMENT, LLC. Government Contract #29FTC117C0184

SPECTRUM MANAGEMENT, LLC. was awarded a contract with the United States Government for $2,957,395.49. The contract was awarded by the agency office OFFICE OF ACQUISITION, which is a division with the Federal Trade Commission within the Federal Trade Commission.

Summary of Award

The recipient of the federal contract is Spectrum Management, LLC., which is a small business providing facilities management support. The contract, from the Federal Trade Commission, is for maintenance of office buildings and is worth $2,447,495.72 in total. Notable spending patterns include various transaction amounts, such as -$164,185.47, $46200, $119,872.94, and $558,000, reflecting different financial activities related to the contract.

Contract Details

Contract ID29FTC117C0184
Contract TypeB
Total Obligation$2,447,495.72
Exercised Options$2,957,395.49
Base Amount + Options$2,957,395.49
Date Signed2017-09-08
Contract DescriptionFACILITIES MANAGEMENT SUPPORT FOR HQ AND WAREHOUSE BUILDINGS IGF::OT::IGF
Start Date2017-09-01
End Date2021-08-31

Agency Details

Awarding AgencyFederal Trade Commission
Awarding Sub AgencyFederal Trade Commission
Awarding OfficeOFFICE OF ACQUISITION
Funding AgencyFederal Trade Commission
Funding Sub AgencyFederal Trade Commission
Funding OfficeOFFICE OF ACQUISITION

Recipient Details

RecipientSPECTRUM MANAGEMENT, LLC.
Recipient Location1229 PENNSYLVANIA AVE SE WASHINGTON DISTRICT OF COLUMBIA, UNITED STATES
Business Categories8(a) Program Participant, Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Minority Owned Business, Not Designated a Small Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00015$0.00June 9, 2025

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $0.00 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00014$-27,502.16October 19, 2022

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $-27,502.16 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00013$46,200.00August 12, 2021

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $46,200.00 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$0.00May 14, 2021

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $0.00 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$119,872.94May 7, 2021

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $119,872.94 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$45,000.00April 6, 2021

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $45,000.00 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00009$0.00November 5, 2020

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $0.00 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00008$-164,185.47September 25, 2020

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $-164,185.47 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$40,000.00September 14, 2020

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $40,000.00 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00006$24,562.50August 27, 2020

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $24,562.50 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$558,000.00May 14, 2020

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $558,000.00 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$-278,837.63September 19, 2019

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $-278,837.63 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$675,627.04May 30, 2019

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $675,627.04 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$341,400.00September 18, 2018

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $341,400.00 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$333,900.00May 7, 2018

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $333,900.00 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

Transaction #0$733,458.50September 8, 2017

Federal Trade Commission, a sub agency of Federal Trade Commission, issued a payment of $733,458.50 to SPECTRUM MANAGEMENT, LLC.. The payment included a Subsidy Cost of $0.00.

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