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Department of Health and Human Services Awarded a Contract to FINANCIAL & REALTY SERVICES, LLC for $14,746,493.73

Signed on

1/21/2025, 12:00 AM

FINANCIAL & REALTY SERVICES, LLC Government Contract #75N98025F00096

FINANCIAL & REALTY SERVICES, LLC was awarded a contract with the United States Government for $14,746,493.73. The contract was awarded by the agency office NATIONAL INSTITUTES OF HEALTH OLAO, 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 Financial & Realty Services, LLC, a small business located in Maryland. The contract, funded by the Department of Health and Human Services through the National Institutes of Health, is for logistics support services at NIH locations, with a total value of $14,746,493.73. Notable spending details include total obligations of $2,763,412, with $1,544,738.41 in outlays.

Contract Details

Contract ID75N98025F00096
Contract TypeC
Total Obligation$5,649,152.31
Exercised Options$5,649,152.31
Base Amount + Options$14,746,493.73
Date Signed2025-01-21
Contract DescriptionTHE PURPOSE OF THIS CONTRACT IS TO SUPPORT NIH DIVISION OF LOGISTICS SERVICES (DLS) WITH LOGISTICS SUPPORT SERVICES AT BOTH OF ITS LOCATION NIH SUPPLY CENTER WAREHOUSE AND THE PROPERTY REUTILIZATION AND DISPOSAL SECTION WAREHOUSE IN ACCORDANCE WITH T
Start Date2025-02-01
End Date2027-01-31

Agency Details

Awarding AgencyDepartment of Health and Human Services
Awarding Sub AgencyNational Institutes of Health
Awarding OfficeNATIONAL INSTITUTES OF HEALTH OLAO
Funding AgencyDepartment of Health and Human Services
Funding Sub AgencyNational Institutes of Health
Funding OfficeNATIONAL INSTITUTES OF HEALTH OLAO

Recipient Details

RecipientFINANCIAL & REALTY SERVICES, LLC
Recipient Location4061 POWDER MILL RD STE 620 CALVERTON MARYLAND, UNITED STATES
Business CategoriesBlack American Owned Business, Category Business, DoT Certified Disadvantaged Business Enterprise, HUBZone Firm, Limited Liability Corporation, Minority Owned Business, Partnership or Limited Liability Partnership, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00003$2,885,740.31February 6, 2026

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $2,885,740.31 to FINANCIAL & REALTY SERVICES, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$283,579.20September 24, 2025

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $283,579.20 to FINANCIAL & REALTY SERVICES, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$-518,955.20June 17, 2025

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $-518,955.20 to FINANCIAL & REALTY SERVICES, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$2,998,788.00January 21, 2025

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $2,998,788.00 to FINANCIAL & REALTY SERVICES, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00March 30, 2026

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $0.00 to FINANCIAL & REALTY SERVICES, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$2,885,740.31February 6, 2026

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $2,885,740.31 to FINANCIAL & REALTY SERVICES, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$283,579.20September 24, 2025

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $283,579.20 to FINANCIAL & REALTY SERVICES, LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$-518,955.20June 17, 2025

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $-518,955.20 to FINANCIAL & REALTY SERVICES, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$2,998,788.00January 21, 2025

National Institutes of Health, a sub agency of Department of Health and Human Services, issued a payment of $2,998,788.00 to FINANCIAL & REALTY SERVICES, LLC. The payment included a Subsidy Cost of $0.00.