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Department of Health and Human Services Awarded a Contract to TRACE BIOSCIENCES INC for $4,218,974.00

Signed on

9/15/2023, 12:00 AM

TRACE BIOSCIENCES INC Government Contract #75N91023C00042

TRACE BIOSCIENCES INC was awarded a contract with the United States Government for $4,218,974.00. The contract was awarded by the agency office ADVANCED RESEARCH PROJECTS AGENCY FOR HEALTH (ARPA-H), which is a division with the National Institutes of Health within the Department of Health and Human Services.

Summary of Award

The recipient of the federal contract is Trace Biosciences Inc, a small U.S.-owned business located in Beaverton, Oregon. The contract, funded by the Department of Health and Human Services through the National Institutes of Health, is for research and development services in the health sector, specifically on intra-operative contrast agents, with a total obligation of $4,218,974. Notable spending patterns include multiple transactions totaling $3,579,712 for the contract work, with varying amounts allocated for different stages or modifications.

Contract Details

Contract ID75N91023C00042
Contract TypeD
Total Obligation$4,218,974.00
Exercised Options$4,218,974.00
Base Amount + Options$4,218,974.00
Date Signed2023-09-15
Contract DescriptionARPA-H SBIR PHASE II TOPIC ARPA-H 04 INTRA-OPERATIVE CONTRAST AGENTS
Start Date2023-09-15
End Date2027-09-14

Agency Details

Awarding AgencyDepartment of Health and Human Services
Awarding Sub AgencyNational Institutes of Health
Awarding OfficeADVANCED RESEARCH PROJECTS AGENCY FOR HEALTH (ARPA-H)
Funding AgencyDepartment of Health and Human Services
Funding Sub AgencyNational Institutes of Health
Funding OfficeADVANCED RESEARCH PROJECTS AGENCY FOR HEALTH (ARPA-H)

Recipient Details

RecipientTRACE BIOSCIENCES INC
Recipient Location1800 NW 167TH PL STE 160 BEAVERTON OREGON, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00005 | $0.00July 16, 2025

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to TRACE BIOSCIENCES INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $0.00April 30, 2025

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to TRACE BIOSCIENCES INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $0.00March 25, 2025

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to TRACE BIOSCIENCES INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $3,574,712.00September 10, 2024

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $3,574,712.00 to TRACE BIOSCIENCES INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $45,082.00July 12, 2024

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $45,082.00 to TRACE BIOSCIENCES INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $599,180.00September 15, 2023

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $599,180.00 to TRACE BIOSCIENCES INC. The payment included a Subsidy Cost of $0.00.