Department of Commerce Awarded a Contract to PRACTICAL SOLUTIONS, INC for $5,060,544.00

Q: Where is PRACTICAL SOLUTIONS, INC located?

20 F ST NW STE 700 WASHINGTON DISTRICT OF COLUMBIA UNITED STATES

Signed on

9/1/2023, 12:00 AM

PRACTICAL SOLUTIONS, INC Government Contract #1331L523F13350652

PRACTICAL SOLUTIONS, INC was awarded a contract with the United States Government for $5,060,544.00. The contract was awarded by the agency office DEPT OF COMMERCE SSPO, which is a division with the Office of the Secretary within the Department of Commerce.

Summary of Award

The recipient of the federal contract is Practical Solutions, Inc., a small business based in Washington, D.C. The contract is for professional services related to administrative management and consulting, funded by the Department of Commerce through the National Telecommunications and Information Administration. The contract is valued at $2,315,260.80 and involves a series of transactions, with the first notable one being the initial payment of the full contract amount on September 1, 2023.

Contract Details

Contract ID1331L523F13350652

Contract TypeA

Total Obligation$2,315,260.80

Exercised Options$2,315,260.80

Base Amount + Options$5,060,544.00

Date Signed2023-09-01

Contract DescriptionPROFESSIONAL SERVICES

Start Date2023-09-01

End Date2025-08-31

Agency Details

Awarding AgencyDepartment of Commerce

Awarding Sub AgencyOffice of the Secretary

Awarding OfficeDEPT OF COMMERCE SSPO

Funding AgencyDepartment of Commerce

Funding Sub AgencyNational Telecommunications and Information Administration

Funding OfficeDEPT OF COMMERCE NTIA

Recipient Details

RecipientPRACTICAL SOLUTIONS, INC

Recipient Location20 F ST NW STE 700 WASHINGTON DISTRICT OF COLUMBIA, UNITED STATES

Business Categories8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, Minority Owned Business, Other Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Comments

Award Transactions

Transaction #P25001 | $0.00March 31, 2025

National Telecommunications and Information Administration, a sub agency of Department of Commerce, issued a payment of $0.00 to PRACTICAL SOLUTIONS, INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $2,315,260.80September 1, 2023

National Telecommunications and Information Administration, a sub agency of Department of Commerce, issued a payment of $2,315,260.80 to PRACTICAL SOLUTIONS, INC. The payment included a Subsidy Cost of $0.00.