0
0

Department of Labor Awarded a Contract to ECONOMIC SYSTEMS INC for $769,825.00

Signed on

11/21/2024, 12:00 AM

ECONOMIC SYSTEMS INC Government Contract #1605C325F00003

ECONOMIC SYSTEMS INC was awarded a contract with the United States Government for $769,825.00. The contract was awarded by the agency office DOL - CAS DIVISION 3 PROCUREMENT, which is a division with the Office of the Assistant Secretary for Administration and Management within the Department of Labor.

Summary of Award

The recipient of the federal contract is Economic Systems Inc, a U.S.-owned small business located in Vienna, Virginia. The contract, awarded by the Department of Labor, is for benefits retirement calculator services and is worth $294,350. Notable transactions include amounts of $145,000 and $149,350 for specific services under the contract.

Contract Details

Contract ID1605C325F00003
Contract TypeC
Total Obligation$294,350.00
Exercised Options$294,350.00
Base Amount + Options$769,825.00
Date Signed2024-11-21
Contract DescriptionBENEFITS RETIREMENT CALCULATOR SERVICES
Start Date2024-12-01
End Date2026-11-30

Agency Details

Awarding AgencyDepartment of Labor
Awarding Sub AgencyOffice of the Assistant Secretary for Administration and Management
Awarding OfficeDOL - CAS DIVISION 3 PROCUREMENT
Funding AgencyDepartment of Labor
Funding Sub AgencyOffice of the Assistant Secretary for Administration and Management
Funding OfficeDOL (OASAM) HUAMAN RESOURCES CTR

Recipient Details

RecipientECONOMIC SYSTEMS INC
Recipient Location8521 LEESBURG PIKE STE 450 VIENNA VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00003$0.00July 6, 2026

Office of the Assistant Secretary for Administration and Management, a sub agency of Department of Labor, 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 #P00002$0.00May 20, 2026

Office of the Assistant Secretary for Administration and Management, a sub agency of Department of Labor, 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 #P00001$149,350.00November 20, 2025

Office of the Assistant Secretary for Administration and Management, a sub agency of Department of Labor, issued a payment of $149,350.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #0$145,000.00November 21, 2024

Office of the Assistant Secretary for Administration and Management, a sub agency of Department of Labor, issued a payment of $145,000.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.