73351023C0016 - REGIONAL INNOVATION CLUSTERS FY23
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Business Admin Services was awarded in FY2023 on Sep 22, 2023 to NTOUCH-BCT STRATEGIES, LLC by Office of Investment and Innovation. There have been $926.4k in obligations to date with a ceiling value of $2.8M, showing a 33% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 16 offers received. We expect a 5 year duration with ultimate completion date of Sep 27, 2028.
NTOUCH-BCT STRATEGIES, LLC is a contractor located in CT, doing primarily Business Admin Services work for National Science Foundation. The company receives $267.4k annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
Definitive contracts are single award contracts which usually result from publicly advertised Federal procurements. Historically, definitive contracts represented the most common pathway for the Federal Government to enter into agreements with contractors operating in the Federal market. With few exceptions, definitive contracts all the Federal Government purchase nearly every type of commodity, technology, or service. A known quantity or deliverable is a critical attribute of definitive contracts.
- Contract Number
- 73351023C0016
- Contractor
- NTOUCH-BCT STRATEGIES LLC
- Obligations to Date
- $926.4k
- Ceiling Value
- $2.8M
- Award Date
- 09/22/2023
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Small Business Administration»Office of Investment and Innovation
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