W5170124C0150 - SBIR PHASE II TOPIC A234-007, ARTIFICIAL INTELLIGE...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Aerospace & Defense > Research and Development was awarded in FY2024 on Apr 10, 2024 to KNOWMADICS, INC. by Army Acquisition Support Center. There have been $1.9M in obligations to date with a ceiling value of $1.9M, showing a 100% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 37 offers received. We expect a 1 year duration with ultimate completion date of Oct 10, 2025.
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
- W5170124C0150
- Contractor
- KNOWMADICS INC
- Obligations to Date
- $1.9M
- Ceiling Value
- $1.9M
- Award Date
- 04/10/2024
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Army»Assistant Secretary for Acquisition, Logistics and Technology»Army Acquisition Support Center
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