Department of Agriculture Awarded a Contract to LENTECH, INC for $1,881,392.08

Q: Where is LENTECH, INC located?

4405 WESTRIDGE CT NW ALBUQUERQUE NEW MEXICO UNITED STATES

Signed on

9/16/2024, 12:00 AM

LENTECH, INC Government Contract #12314424F0559

LENTECH, INC was awarded a contract with the United States Government for $1,881,392.08. The contract was awarded by the agency office USDA, OCP-POD-ACQ-MGMT-BRANCH-FTC, which is a division with the Office of the Chief Financial Officer within the Department of Agriculture.

Summary of Award

The recipient of the federal contract is LENTECH, INC, located in Albuquerque, New Mexico. The contract, worth $1,881,392.08, was funded by the Department of Agriculture for the renewal of government licenses. A notable transaction involved an initial payment of $1,856,614 to LENTECH, INC on the same day the contract was signed.

Contract Details

Contract ID12314424F0559

Contract TypeC

Total Obligation$1,881,392.08

Exercised Options$1,881,392.08

Base Amount + Options$1,881,392.08

Date Signed2024-09-16

Contract DescriptionUSDA GOVTA LICENSES RENEWAL (78,200)

Start Date2024-09-16

End Date2025-09-15

Agency Details

Awarding AgencyDepartment of Agriculture

Awarding Sub AgencyOffice of the Chief Financial Officer

Awarding OfficeUSDA, OCP-POD-ACQ-MGMT-BRANCH-FTC

Funding AgencyDepartment of Agriculture

Funding Sub AgencyOffice of the Chief Financial Officer

Funding OfficeUSDA, OCFO

Recipient Details

RecipientLENTECH, INC

Recipient Location4405 WESTRIDGE CT NW ALBUQUERQUE NEW MEXICO, UNITED STATES

Business CategoriesCategory Business, Hispanic American Owned Business, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00001 | $24,778.08July 15, 2025

Office of the Chief Financial Officer, a sub agency of Department of Agriculture, issued a payment of $24,778.08 to LENTECH, INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $1,856,614.00September 16, 2024

Office of the Chief Financial Officer, a sub agency of Department of Agriculture, issued a payment of $1,856,614.00 to LENTECH, INC. The payment included a Subsidy Cost of $0.00.