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Department of Commerce Awarded a Contract to RITENET CORP. for $321,040.50

Signed on

4/6/2021, 12:00 AM

RITENET CORP. Government Contract #1333ND21PNB680118

RITENET CORP. was awarded a contract with the United States Government for $321,040.50. The contract was awarded by the agency office DEPT OF COMMERCE NIST, which is a division with the National Institute of Standards and Technology within the Department of Commerce.

Summary of Award

The recipient of the federal contract is RITENET CORP., a small U.S.-owned business located in Rockville, Maryland. The contract, funded by the Department of Commerce, is for non-preemptible Ku-band transponder capacity on a geostationary communications satellite for a time and frequency transfer network. It is worth $321,040.5 and involves IT and telecom management services. Notable spending patterns include several transactions with the recipient, totaling $29185.5, $58371 (four times), and a significant transaction of -$175,113.

Contract Details

Contract ID1333ND21PNB680118
Contract TypeB
Total Obligation$321,040.50
Exercised Options$321,040.50
Base Amount + Options$321,040.50
Date Signed2021-04-06
Contract DescriptionNON-PREEMPTIBLE KU-BAND TRANSPONDER CAPACITY ON A GEOSTATIONARY COMMUNICATIONS SATELLITE FOR A TWO-WAY SATELLITE TIME AND FREQUENCY TRANSFER (TWSTFT) NETWORK INVOLVES PHASE CODED TIME TRANSFER AND DATA TRANSMISSIONS (1.0 OR POSSIBLY 2.5 MCHIPS/S).
Start Date2021-04-06
End Date2026-11-26

Agency Details

Awarding AgencyDepartment of Commerce
Awarding Sub AgencyNational Institute of Standards and Technology
Awarding OfficeDEPT OF COMMERCE NIST
Funding AgencyDepartment of Commerce
Funding Sub AgencyNational Institute of Standards and Technology
Funding OfficeDEPT OF COMMERCE NIST

Recipient Details

RecipientRITENET CORP.
Recipient Location1445 RESEARCH BLVD # 505 ROCKVILLE MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Small Business, Special Designations, Subchapter S Corporation, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Comments

Award Transactions

Transaction #P26006$29,185.50April 9, 2026

National Institute of Standards and Technology, a sub agency of Department of Commerce, issued a payment of $29,185.50 to RITENET CORP.. The payment included a Subsidy Cost of $0.00.

Transaction #P25005$58,371.00December 31, 2024

National Institute of Standards and Technology, a sub agency of Department of Commerce, issued a payment of $58,371.00 to RITENET CORP.. The payment included a Subsidy Cost of $0.00.

Transaction #P24004$58,371.00November 2, 2023

National Institute of Standards and Technology, a sub agency of Department of Commerce, issued a payment of $58,371.00 to RITENET CORP.. The payment included a Subsidy Cost of $0.00.

Transaction #P23003$58,371.00January 17, 2023

National Institute of Standards and Technology, a sub agency of Department of Commerce, issued a payment of $58,371.00 to RITENET CORP.. The payment included a Subsidy Cost of $0.00.

Transaction #P22002$58,371.00January 27, 2022

National Institute of Standards and Technology, a sub agency of Department of Commerce, issued a payment of $58,371.00 to RITENET CORP.. The payment included a Subsidy Cost of $0.00.

Transaction #P21001$-175,113.00September 10, 2021

National Institute of Standards and Technology, a sub agency of Department of Commerce, issued a payment of $-175,113.00 to RITENET CORP.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$233,484.00April 6, 2021

National Institute of Standards and Technology, a sub agency of Department of Commerce, issued a payment of $233,484.00 to RITENET CORP.. The payment included a Subsidy Cost of $0.00.