0
0

Small Business Administration Awarded a Contract to SIGNIFICANCE INC for $3,604,674.40

Signed on

6/4/2025, 12:00 AM

SIGNIFICANCE INC Government Contract #47QACA25F0048

SIGNIFICANCE INC was awarded a contract with the United States Government for $3,604,674.40. The contract was awarded by the agency office OFFICE OF CENTRALIZED ACQUISITION SERVICES, which is a division with the Federal Acquisition Service within the General Services Administration.

Summary of Award

The recipient of the federal contract is Significance Inc, based in Annapolis, Maryland. The contract, issued by the General Services Administration, funded by the Small Business Administration, is for providing loan accounting support worth $1,177,068. Notable transactions include multiple payments to Significance Inc, with the latest one being $402,019.2, as part of the contract.

Contract Details

Contract ID47QACA25F0048
Contract TypeA
Total Obligation$1,177,068.00
Exercised Options$1,969,488.00
Base Amount + Options$3,604,674.40
Date Signed2025-06-04
Contract DescriptionOY1 73351024F0043 OPPCFO LOAN ACCOUNTING SUPPORT
Start Date2025-06-04
End Date2026-05-30

Agency Details

Awarding AgencyGeneral Services Administration
Awarding Sub AgencyFederal Acquisition Service
Awarding OfficeOFFICE OF CENTRALIZED ACQUISITION SERVICES
Funding AgencySmall Business Administration
Funding Sub AgencySmall Business Administration
Funding OfficeOFC OF PERF MGMT AND CFO

Recipient Details

RecipientSIGNIFICANCE INC
Recipient Location1835 FOREST DR ANNAPOLIS MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Economically Disadvantaged Women Owned Small Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Comments

Award Transactions

Transaction #P00004$402,019.20May 29, 2026

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $402,019.20 to SIGNIFICANCE INC. The payment included a Subsidy Cost of $0.00.

Transaction #P00003$0.00October 23, 2025

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $0.00 to SIGNIFICANCE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00June 26, 2025

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $0.00 to SIGNIFICANCE INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$17,089.20June 24, 2025

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $17,089.20 to SIGNIFICANCE INC. The payment included a Subsidy Cost of $0.00.

Transaction #0$757,959.60June 4, 2025

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $757,959.60 to SIGNIFICANCE INC. The payment included a Subsidy Cost of $0.00.