National Science Foundation Awarded a Contract to VIRGINIA ELECTRIC AND POWER COMPANY for $10,912,556.70

Q: Where is VIRGINIA ELECTRIC AND POWER COMPANY located?

120 TREDEGAR ST RICHMOND VIRGINIA UNITED STATES

Signed on

8/6/2024, 12:00 AM

VIRGINIA ELECTRIC AND POWER COMPANY Government Contract #49100424F0179

VIRGINIA ELECTRIC AND POWER COMPANY was awarded a contract with the United States Government for $10,912,556.70. The contract was awarded by the agency office DIV OF ACQ AND COOPERATIVE SUPPORT, which is a division with the National Science Foundation within the National Science Foundation.

Summary of Award

The recipient of the federal contract is the Virginia Electric and Power Company, a U.S.-owned business in Richmond, Virginia. The contract, funded by the National Science Foundation through the General Services Administration, is for electricity utilities and renewable energy certificates, worth a total of $1,691,455. Notable spending transactions include multiple orders totaling $1,850,000 and a credit of $1,135,000.

Contract Details

Contract ID49100424F0179

Contract TypeC

Total Obligation$1,691,455.00

Exercised Options$2,747,570.37

Base Amount + Options$10,912,556.70

Date Signed2024-08-06

Contract DescriptionNSF ALEXANDRIA UTILITIES AND THE RENEWABLE ENERGY CERTIFICATES

Start Date2024-08-24

End Date2026-08-23

Agency Details

Awarding AgencyNational Science Foundation

Awarding Sub AgencyNational Science Foundation

Awarding OfficeDIV OF ACQ AND COOPERATIVE SUPPORT

Funding AgencyNational Science Foundation

Funding Sub AgencyNational Science Foundation

Funding OfficeDIVISION OF ADMINISTRATIVE SERVICES

Recipient Details

RecipientVIRGINIA ELECTRIC AND POWER COMPANY

Recipient Location120 TREDEGAR ST RICHMOND VIRGINIA, UNITED STATES

Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00004 | $115,000.00September 22, 2025

National Science Foundation, a sub agency of National Science Foundation, issued a payment of $115,000.00 to VIRGINIA ELECTRIC AND POWER COMPANY. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $215,000.00September 18, 2025

National Science Foundation, a sub agency of National Science Foundation, issued a payment of $215,000.00 to VIRGINIA ELECTRIC AND POWER COMPANY. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $-1,135,000.00August 26, 2025

National Science Foundation, a sub agency of National Science Foundation, issued a payment of $-1,135,000.00 to VIRGINIA ELECTRIC AND POWER COMPANY. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $1,220,000.00August 4, 2025

National Science Foundation, a sub agency of National Science Foundation, issued a payment of $1,220,000.00 to VIRGINIA ELECTRIC AND POWER COMPANY. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $1,276,455.00August 6, 2024

National Science Foundation, a sub agency of National Science Foundation, issued a payment of $1,276,455.00 to VIRGINIA ELECTRIC AND POWER COMPANY. The payment included a Subsidy Cost of $0.00.