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Small Business Administration Awarded a Contract to SOUTHWESTERN COLLEGE FOUNDATION for $2,499,501.00

Signed on

9/27/2024, 12:00 AM

SOUTHWESTERN COLLEGE FOUNDATION Government Contract #73351024C0026

SOUTHWESTERN COLLEGE FOUNDATION was awarded a contract with the United States Government for $2,499,501.00. The contract was awarded by the agency office OFC OF PERF MGMT AND CFO, which is a division with the Small Business Administration within the Small Business Administration.

Summary of Award

The recipient of the federal contract is the Southwestern College Foundation, located in Chula Vista, California. The contract, funded by the Small Business Administration, is for regional innovation clusters and is worth $499,949. The contract's spending includes a notable transaction amount of $499,949 for support services.

Contract Details

Contract ID73351024C0026
Contract TypeD
Total Obligation$499,949.00
Exercised Options$499,949.00
Base Amount + Options$2,499,501.00
Date Signed2024-09-27
Contract DescriptionREGIONAL INNOVATION CLUSTERS FOR THE SMALL BUSINESS ADMINISTRATION (SBA), THE OFFICE OF INVESTMENT AND INNOVATION (OII)
Start Date2024-09-28
End Date2025-05-23

Agency Details

Awarding AgencySmall Business Administration
Awarding Sub AgencySmall Business Administration
Awarding OfficeOFC OF PERF MGMT AND CFO
Funding AgencySmall Business Administration
Funding Sub AgencySmall Business Administration
Funding OfficeOFC OF INVESTMENTS INNOVATIONS

Recipient Details

RecipientSOUTHWESTERN COLLEGE FOUNDATION
Recipient Location900 OTAY LAKES RD RM 104 CHULA VISTA CALIFORNIA, UNITED STATES
Business CategoriesCategory Business, Foundation, Nonprofit Organization, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00001$0.00May 23, 2025

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $0.00 to SOUTHWESTERN COLLEGE FOUNDATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$499,949.00September 27, 2024

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $499,949.00 to SOUTHWESTERN COLLEGE FOUNDATION. The payment included a Subsidy Cost of $0.00.

Transaction #P00004$0.00August 3, 2025

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $0.00 to SOUTHWESTERN COLLEGE FOUNDATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$-58,672.41July 8, 2025

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $-58,672.41 to SOUTHWESTERN COLLEGE FOUNDATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00June 4, 2025

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $0.00 to SOUTHWESTERN COLLEGE FOUNDATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00May 23, 2025

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $0.00 to SOUTHWESTERN COLLEGE FOUNDATION. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$499,949.00September 27, 2024

Small Business Administration, a sub agency of Small Business Administration, issued a payment of $499,949.00 to SOUTHWESTERN COLLEGE FOUNDATION. The payment included a Subsidy Cost of $0.00.