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General Services Administration Awarded a Contract to ECONOMIC SYSTEMS INC for $1,901,584.32

Signed on

3/30/2023, 12:00 AM

ECONOMIC SYSTEMS INC Government Contract #47HAA023F0047

ECONOMIC SYSTEMS INC was awarded a contract with the United States Government for $1,901,584.32. The contract was awarded by the agency office OAS OFFICE OF INTERNAL ACQUISITION, which is a division with the Office of Administrative Services within the General Services Administration.

Summary of Award

The recipient of the federal contract is Economic Systems Inc, a U.S.-owned business based in Falls Church, Virginia. They provide professional services, specifically in human resources consulting. The contract, awarded by the General Services Administration's Office of Administrative Services and funded by the Office of Human Resources Management, is for staff augmentation in human resources and is worth $1,901,584.32. Notable spending patterns include multiple financial transactions, with one transaction amounting to $950,792.16 and another at $482,465.76.

Contract Details

Contract ID47HAA023F0047
Contract TypeA
Total Obligation$1,901,584.32
Exercised Options$1,901,584.32
Base Amount + Options$1,901,584.32
Date Signed2023-03-30
Contract DescriptionOHRM STAFF AUGMENTATION OHRM HUMAN RESOURCES BPA CALL ORDER 13
Start Date2023-04-01
End Date2025-08-31

Agency Details

Awarding AgencyGeneral Services Administration
Awarding Sub AgencyOffice of Administrative Services
Awarding OfficeOAS OFFICE OF INTERNAL ACQUISITION
Funding AgencyGeneral Services Administration
Funding Sub AgencyOffice of Human Resources Management
Funding OfficeOFC OF HUMAN RESOURCES MANAGEMENT

Recipient Details

RecipientECONOMIC SYSTEMS INC
Recipient Location3120 FAIRVIEW PARK DR STE 500 FALLS CHURCH VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #PA0005 | $0.00March 31, 2025

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $0.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #PO0004 | $482,465.76October 17, 2024

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $482,465.76 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #PO0003 | $0.00September 27, 2024

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $0.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #PO0002 | $950,792.16November 2, 2023

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $950,792.16 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #PS0001 | $0.00September 19, 2023

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $0.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $468,326.40March 30, 2023

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $468,326.40 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #AA0007 | $-362,247.09November 20, 2025

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $-362,247.09 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #PS0006 | $0.00July 2, 2025

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $0.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #PA0005 | $0.00March 31, 2025

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $0.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #PO0004 | $482,465.76October 17, 2024

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $482,465.76 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #PO0003 | $0.00September 27, 2024

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $0.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #PO0002 | $950,792.16November 2, 2023

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $950,792.16 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #PS0001 | $0.00September 19, 2023

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $0.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $468,326.40March 30, 2023

Office of Human Resources Management, a sub agency of General Services Administration, issued a payment of $468,326.40 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.