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Department of Commerce Awarded a Contract to NATIONAL INSTITUTE OF TRANSITION PLANNING, INC for $605,314.58

Signed on

5/4/2023, 12:00 AM

NATIONAL INSTITUTE OF TRANSITION PLANNING, INC Government Contract #1333BJ23F00050005

NATIONAL INSTITUTE OF TRANSITION PLANNING, INC was awarded a contract with the United States Government for $605,314.58. The contract was awarded by the agency office DEPT OF COMMERCE PTO, which is a division with the U.S. Patent and Trademark Office within the Department of Commerce.

Summary of Award

The recipient of the federal contract is the NATIONAL INSTITUTE OF TRANSITION PLANNING, INC, located in Potomac, Maryland, specializing in financial literacy and retirement courses. The contract, issued by the Department of Commerce through the U.S. Patent and Trademark Office, is for education and training services worth $200,527.26. Notable transactions include a payment of $98,434.69 on 2024-05-13 and a payment of $102,092.57 on the contract signing date of 2023-05-04.

Contract Details

Contract ID1333BJ23F00050005
Contract TypeC
Total Obligation$200,527.26
Exercised Options$200,527.26
Base Amount + Options$605,314.58
Date Signed2023-05-04
Contract DescriptionFINANCIAL LITERACY RETIRMENT COURSES
Start Date2023-07-09
End Date2025-07-08

Agency Details

Awarding AgencyDepartment of Commerce
Awarding Sub AgencyU.S. Patent and Trademark Office
Awarding OfficeDEPT OF COMMERCE PTO
Funding AgencyDepartment of Commerce
Funding Sub AgencyU.S. Patent and Trademark Office
Funding OfficeDEPT OF COMMERCE PTO

Recipient Details

RecipientNATIONAL INSTITUTE OF TRANSITION PLANNING, INC
Recipient Location11832 BEEKMAN PL POTOMAC MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Comments

Award Transactions

Transaction #P25004 | $0.00June 24, 2025

U.S. Patent and Trademark Office, a sub agency of Department of Commerce, issued a payment of $0.00 to NATIONAL INSTITUTE OF TRANSITION PLANNING, INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P25003 | $0.00March 28, 2025

U.S. Patent and Trademark Office, a sub agency of Department of Commerce, issued a payment of $0.00 to NATIONAL INSTITUTE OF TRANSITION PLANNING, INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P24002 | $98,434.69May 13, 2024

U.S. Patent and Trademark Office, a sub agency of Department of Commerce, issued a payment of $98,434.69 to NATIONAL INSTITUTE OF TRANSITION PLANNING, INC. The payment included a Subsidy Cost of $0.00.

Transaction #P24001 | $0.00January 4, 2024

U.S. Patent and Trademark Office, a sub agency of Department of Commerce, issued a payment of $0.00 to NATIONAL INSTITUTE OF TRANSITION PLANNING, INC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $102,092.57May 4, 2023

U.S. Patent and Trademark Office, a sub agency of Department of Commerce, issued a payment of $102,092.57 to NATIONAL INSTITUTE OF TRANSITION PLANNING, INC. The payment included a Subsidy Cost of $0.00.