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Department of Commerce Awarded a Contract to CHERRY BEKAERT ADVISORY LLC for $1,954,178.27

Signed on

8/19/2024, 12:00 AM

CHERRY BEKAERT ADVISORY LLC Government Contract #1333BJ24F00184013

CHERRY BEKAERT ADVISORY LLC was awarded a contract with the United States Government for $1,954,178.27. 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 Cherry Bekaert Advisory LLC, a U.S.-owned business based in Raleigh, North Carolina. The contract, funded by the Department of Commerce's U.S. Patent and Trademark Office, is for fraud analytics valued at $1,258,176.55. Notable spending patterns include three transactions with amounts of $588,403.60, $669,772.95, and $684,001.72 for various aspects of the contract.

Contract Details

Contract ID1333BJ24F00184013
Contract TypeA
Total Obligation$1,258,176.55
Exercised Options$1,258,176.55
Base Amount + Options$1,954,178.27
Date Signed2024-08-19
Contract DescriptionFRAUD ANALYTICS.
Start Date2024-09-16
End Date2026-09-15

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

RecipientCHERRY BEKAERT ADVISORY LLC
Recipient Location3800 GLENWOOD AVE STE 200 RALEIGH NORTH CAROLINA, UNITED STATES
Business CategoriesCategory Business, Limited Liability Corporation, Not Designated a Small Business, Partnership or Limited Liability Partnership, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P26002 | $684,001.72June 1, 2026

U.S. Patent and Trademark Office, a sub agency of Department of Commerce, issued a payment of $684,001.72 to CHERRY BEKAERT ADVISORY LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P25001 | $669,772.95July 3, 2025

U.S. Patent and Trademark Office, a sub agency of Department of Commerce, issued a payment of $669,772.95 to CHERRY BEKAERT ADVISORY LLC. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $588,403.60August 19, 2024

U.S. Patent and Trademark Office, a sub agency of Department of Commerce, issued a payment of $588,403.60 to CHERRY BEKAERT ADVISORY LLC. The payment included a Subsidy Cost of $0.00.