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Department of Labor Awarded a Contract to ECONOMIC SYSTEMS INC for $6,484,829.78

Signed on

9/8/2022, 12:00 AM

ECONOMIC SYSTEMS INC Government Contract #1605C522F00019

ECONOMIC SYSTEMS INC was awarded a contract with the United States Government for $6,484,829.78. The contract was awarded by the agency office DOL - CAS DIVISION 5 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 business located in Vienna, Virginia. The contract, funded by the Department of Labor, is for human resources consulting services and is worth $6,484,829.78. Notable transactions include payments of $2,828,519.87 and $1,900,039.29 for services rendered by Economic Systems Inc.

Contract Details

Contract ID1605C522F00019
Contract TypeC
Total Obligation$6,484,829.78
Exercised Options$6,484,829.78
Base Amount + Options$6,484,829.78
Date Signed2022-09-08
Contract DescriptionODEP NEON
Start Date2022-09-08
End Date2025-09-08

Agency Details

Awarding AgencyDepartment of Labor
Awarding Sub AgencyOffice of the Assistant Secretary for Administration and Management
Awarding OfficeDOL - CAS DIVISION 5 PROCUREMENT
Funding AgencyDepartment of Labor
Funding Sub AgencyPresident's Committee on Employment of the Handicapped
Funding OfficeDEPT OF LABOR/OFF OF THE SOLICITOR

Recipient Details

RecipientECONOMIC SYSTEMS INC
Recipient Location8521 LEESBURG PIKE STE 450 VIENNA VIRGINIA, UNITED STATES
Business CategoriesCategory Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00005 | $-26,811.38January 29, 2026

President's Committee on Employment of the Handicapped, a sub agency of Department of Labor, issued a payment of $-26,811.38 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004 | $0.00January 27, 2025

President's Committee on Employment of the Handicapped, 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 #P00003 | $0.00December 30, 2024

President's Committee on Employment of the Handicapped, 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 | $1,900,039.29July 15, 2024

President's Committee on Employment of the Handicapped, a sub agency of Department of Labor, issued a payment of $1,900,039.29 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $2,828,519.87July 13, 2023

President's Committee on Employment of the Handicapped, a sub agency of Department of Labor, issued a payment of $2,828,519.87 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $1,783,082.00September 8, 2022

President's Committee on Employment of the Handicapped, a sub agency of Department of Labor, issued a payment of $1,783,082.00 to ECONOMIC SYSTEMS INC. The payment included a Subsidy Cost of $0.00.