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Department of Transportation Awarded a Contract to TECHANAX LLC for $2,186,514.45
Signed on
9/27/2024, 12:00 AM
TECHANAX LLC Government Contract #693JK324F00032N
TECHANAX LLC was awarded a contract with the United States Government for $2,186,514.45. The contract was awarded by the agency office 693JK3 ACQUISITION SERVICES DIV., which is a division with the Pipeline and Hazardous Materials Safety Administration within the Department of Transportation.
Summary of Award
The recipient of the federal contract is Techanax LLC, a U.S.-owned small business based in Woodbridge, Virginia. The contract, funded by the Department of Transportation's Pipeline and Hazardous Materials Safety Administration, is worth $2,186,514.45. It is for developing a pipeline risk management tool. Notable details include the extensive research and development grant and the use of full and open competition in the procurement process.