Department of the Treasury Awarded a Contract to NEW TECH SOLUTIONS, INC. for $448,273.06

Q: Where is NEW TECH SOLUTIONS, INC. located?

4179 BUSINESS CENTER DR FREMONT CALIFORNIA UNITED STATES

Signed on

3/29/2023, 12:00 AM

NEW TECH SOLUTIONS, INC. Government Contract #20341223F00047

NEW TECH SOLUTIONS, INC. was awarded a contract with the United States Government for $448,273.06. The contract was awarded by the agency office ARC DIV PROC SVCS - FINCEN, which is a division with the Bureau of the Fiscal Service within the Department of the Treasury.

Summary of Award

The recipient of this federal contract is NEW TECH SOLUTIONS, INC., a small business based in Fremont, California, specializing in IT and telecom services. The contract, funded by the Department of the Treasury, is for the renewal of AUTHENTIC8 SILO SOFTWARE, valued at $448,273.06. Notable transactions include payments of $120,499.76 and $114,762.26 for software renewal services.

Contract Details

Contract ID20341223F00047

Contract TypeC

Total Obligation$448,273.06

Exercised Options$448,273.06

Base Amount + Options$448,273.06

Date Signed2023-03-29

Contract DescriptionAUTHENTIC8 SILO SOFTWARE RENEWAL.

Start Date2023-04-01

End Date2027-03-31

Agency Details

Awarding AgencyDepartment of the Treasury

Awarding Sub AgencyBureau of the Fiscal Service

Awarding OfficeARC DIV PROC SVCS - FINCEN

Funding AgencyDepartment of the Treasury

Funding Sub AgencyFinancial Crime Enforcement Network

Funding OfficeINFORMATION TECHNOLOGY

Recipient Details

RecipientNEW TECH SOLUTIONS, INC.

Recipient Location4179 BUSINESS CENTER DR FREMONT CALIFORNIA, UNITED STATES

Business Categories8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Manufacturer of Goods, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00005 | $0.00May 7, 2026

Financial Crime Enforcement Network, a sub agency of Department of the Treasury, issued a payment of $0.00 to NEW TECH SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $120,499.76February 26, 2026

Financial Crime Enforcement Network, a sub agency of Department of the Treasury, issued a payment of $120,499.76 to NEW TECH SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $114,762.26February 26, 2025

Financial Crime Enforcement Network, a sub agency of Department of the Treasury, issued a payment of $114,762.26 to NEW TECH SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $109,296.66February 26, 2024

Financial Crime Enforcement Network, a sub agency of Department of the Treasury, issued a payment of $109,296.66 to NEW TECH SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00September 28, 2023

Financial Crime Enforcement Network, a sub agency of Department of the Treasury, issued a payment of $0.00 to NEW TECH SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $103,714.38March 29, 2023

Financial Crime Enforcement Network, a sub agency of Department of the Treasury, issued a payment of $103,714.38 to NEW TECH SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.