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Department of Health and Human Services Awarded a Contract to ECONOMIC SYSTEMS INC for $2,546,290.00

Signed on

6/30/2025, 12:00 AM

ECONOMIC SYSTEMS INC Government Contract #75P00125F80067

ECONOMIC SYSTEMS INC was awarded a contract with the United States Government for $2,546,290.00. The contract was awarded by the agency office PROGRAM SUPPORT CENTER ACQ MGMT SVC, which is a division with the Office of the Assistant Secretary for Administration within the Department of Health and Human Services.

Summary of Award

The recipient of the federal contract is Economic Systems Inc, a U.S.-Owned Business located in Falls Church, Virginia. The contract is for an automated retirement and benefits system funded by the Department of Health and Human Services with a total value of $489,500. One notable transaction shows that on June 30, 2025, Economic Systems Inc received the full contract amount of $489,500.

Contract Details

Contract ID75P00125F80067
Contract TypeC
Total Obligation$489,500.00
Exercised Options$489,500.00
Base Amount + Options$2,546,290.00
Date Signed2025-06-30
Contract DescriptionAUTOMATED RETIREMENT AND BENEFITS SYSTEM
Start Date2025-06-30
End Date2026-06-29

Agency Details

Awarding AgencyDepartment of Health and Human Services
Awarding Sub AgencyOffice of the Assistant Secretary for Administration
Awarding OfficePROGRAM SUPPORT CENTER ACQ MGMT SVC
Funding AgencyDepartment of Health and Human Services
Funding Sub AgencyOffice of the Assistant Secretary for Administration
Funding OfficePROGRAM SUPPORT CENTER ACQ MGMT SVC

Recipient Details

RecipientECONOMIC SYSTEMS INC
Recipient Location3120 FAIRVIEW PARK DR STE 500 FALLS CHURCH VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #0$489,500.00June 30, 2025

Office of the Assistant Secretary for Administration, a sub agency of Department of Health and Human Services, issued a payment of $489,500.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00February 2, 2026

Administration for Children and Families, a sub agency of Department of Health and Human Services, 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$489,500.00June 30, 2025

Office of the Assistant Secretary for Administration, a sub agency of Department of Health and Human Services, issued a payment of $489,500.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.