Department of Commerce Awarded a Contract to HSU DEVELOPMENT, INC. for $370,061.00

Q: Where is HSU DEVELOPMENT, INC. located?

507 N FREDERICK AVE GAITHERSBURG MARYLAND UNITED STATES

Signed on

6/20/2025, 12:00 AM

HSU DEVELOPMENT, INC. Government Contract #1333ND25FNB190086

HSU DEVELOPMENT, INC. was awarded a contract with the United States Government for $370,061.00. 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 HSU DEVELOPMENT, INC., a small U.S.-Owned Business located in Maryland. The contract, funded by the Department of Commerce's National Institute of Standards and Technology, is for the construction of industrial buildings and is worth $370,061. Notable spending includes an executive, Walter Hsu, receiving a payment of $240,000.

Contract Details

Contract ID1333ND25FNB190086

Contract TypeC

Total Obligation$370,061.00

Exercised Options$370,061.00

Base Amount + Options$370,061.00

Date Signed2025-06-20

Contract DescriptionOU19-25-NEW-155 - (25-306) B230 FUME HOOD

Start Date2025-06-20

End Date2026-03-30

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

RecipientHSU DEVELOPMENT, INC.

Recipient Location507 N FREDERICK AVE GAITHERSBURG MARYLAND, UNITED STATES

Business CategoriesAsian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, HUBZone Firm, Minority Owned Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Comments

Award Transactions

Transaction #0 | $370,061.00June 20, 2025

National Institute of Standards and Technology, a sub agency of Department of Commerce, issued a payment of $370,061.00 to HSU DEVELOPMENT, INC.. The payment included a Subsidy Cost of $0.00.