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Securities and Exchange Commission Awarded a Contract to INFOTREND INCORPORATED for $3,510,990.72

Signed on

12/20/2024, 12:00 AM

INFOTREND INCORPORATED Government Contract #50310225C0012

INFOTREND INCORPORATED was awarded a contract with the United States Government for $3,510,990.72. The contract was awarded by the agency office SECURITIES AND EXCHANGE COMMISSION, which is a division with the Securities and Exchange Commission within the Securities and Exchange Commission.

Summary of Award

The US federal government awarded a definitive contract with ID 178088183 to Infotrend Incorporated for managed file transfer implementation, maintenance, and support. The total obligation for the contract is $1,438,422.72, with base exercised options amounting to $1,438,422.72 and base and all options totaling $3,510,990.72. The contract was signed on December 20, 2024, and the period of performance is from January 1, 2025, to September 30, 2025, with a potential end date of September 30, 2027.

The contract falls under the category of IT and telecom - business application/application development support services (labor) with a product or service code of DA01 and NAICS code of 541512 for computer systems design services. The contract was awarded by the Securities and Exchange Commission, with the funding agency also being the Securities and Exchange Commission. The contract was awarded through an 8(a) sole source set-aside, with only one offer received and not available for competition.

Infotrend Incorporated is a U.S.-owned small business located in College Park, Maryland. The company specializes in IT and telecom services, specifically in business application/application development support services. The company's executive details include officers such as Gurpreet Singh, Ramanpreet Singh, Joshua Rubin, Jesus Jackson, and Martial Michel. The contract includes several transactions related to the award. On April 2, 2025, a transaction amounting to $875,932.29 was recorded under modification P00003. On March 7, 2025, a transaction of $109,494 was recorded under modification P00002. On January 30, 2025, a transaction with no amount recorded was made under modification P00001. The initial transaction on December 20, 2024, amounted to $452,996.43. Overall, the contract with Infotrend Incorporated for managed file transfer implementation, maintenance, and support involves a significant financial obligation from the US federal government. The company's specialization in IT and telecom services aligns with the nature of the contract, and the awarded transactions indicate the progression of the contract through various modifications.

Contract Details

Contract ID50310225C0012
Contract TypeD
Total Obligation$1,438,422.72
Exercised Options$1,438,422.72
Base Amount + Options$3,510,990.72
Date Signed2024-12-20
Contract DescriptionMANAGED FILE TRANSFER IMPLEMENTATION, MAINTENANCE, AND SUPPORT
Start Date2025-01-01
End Date2025-09-30

Agency Details

Awarding AgencySecurities and Exchange Commission
Awarding Sub AgencySecurities and Exchange Commission
Awarding OfficeSECURITIES AND EXCHANGE COMMISSION
Funding AgencySecurities and Exchange Commission
Funding Sub AgencySecurities and Exchange Commission
Funding OfficeSECURITIES AND EXCHANGE COMMISSION

Recipient Details

RecipientINFOTREND INCORPORATED
Recipient Location7761 DIAMONDBACK DRIVE, SUITE 02-113 COLLEGE PARK MARYLAND, UNITED STATES
Business Categories8(a) Program Participant, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Indian (Subcontinent) American Owned Business, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00003$875,932.29April 2, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $875,932.29 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$109,494.00March 7, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $109,494.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00January 30, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$452,996.43December 20, 2024

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $452,996.43 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$0.00August 11, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00May 2, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$875,932.29April 2, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $875,932.29 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$109,494.00March 7, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $109,494.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00January 30, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$452,996.43December 20, 2024

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $452,996.43 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00007$-60,698.15January 28, 2026

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $-60,698.15 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$1,135,294.31August 27, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $1,135,294.31 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$0.00August 11, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00May 2, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$875,932.29April 2, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $875,932.29 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$109,494.00March 7, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $109,494.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00January 30, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$452,996.43December 20, 2024

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $452,996.43 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$0.00February 4, 2026

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$-60,698.15January 28, 2026

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $-60,698.15 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$1,135,294.31August 27, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $1,135,294.31 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00005$0.00August 11, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00May 2, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$875,932.29April 2, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $875,932.29 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00002$109,494.00March 7, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $109,494.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

Transaction #P00001$0.00January 30, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$452,996.43December 20, 2024

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $452,996.43 to INFOTREND INCORPORATED. The payment included a Subsidy Cost of $0.00.