Futrend Accounts Payable/Obligations Support Bridge Contract
Contract Overview
Contract Amount: $16,126,478 ($16.1M)
Contractor: Futrend Technology Inc.
Awarding Agency: Department of Health and Human Services
Start Date: 2020-01-24
End Date: 2026-05-07
Contract Duration: 2,295 days
Daily Burn Rate: $7.0K/day
Competition Type: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Number of Offers Received: 1
Pricing Type: FIRM FIXED PRICE
Official Description: FUTREND ACCOUNTS PAYABLE/OBLIGATIONS SUPPORT BRIDGE CONTRACT
Place of Performance
Location: ROCKVILLE, MONTGOMERY County, MARYLAND, 20857
State: Maryland Government Spending
Industry Classification
NAICS: Professional, Scientific, and Technical Services › Accounting, Tax Preparation, Bookkeeping, and Payroll Services › Other Accounting Services
Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › MANAGEMENT SUPPORT SERVICES
Competition & Pricing
Extent Competed: FULL AND OPEN COMPETITION AFTER EXCLUSION OF SOURCES
Solicitation Procedures: SUBJECT TO MULTIPLE AWARD FAIR OPPORTUNITY
Solicitation ID: 75P00120Q00021
Offers Received: 1
Pricing Type: FIRM FIXED PRICE (J)
Evaluated Preference: NONE
Contractor Details
Address: 1660 INTERNATIONAL DR, MC LEAN, VA, 22102
Business Categories: Asian Pacific American Owned Business, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business
Financial Breakdown
Contract Ceiling: $16,364,459
Exercised Options: $16,126,478
Current Obligation: $16,126,478
Actual Outlays: $10,952,694
Contract Characteristics
Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED
Cost or Pricing Data: NO
Parent Contract
Parent Award PIID: 47QRAD18D000G
IDV Type: IDC
Timeline
Start Date: 2020-01-24
Current End Date: 2026-05-07
Potential End Date: 2026-05-07 00:00:00
Last Modified: 2026-04-06
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