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DefDex

Federal award

VELOCITY SYSTEMS LLC

W911QY17C0015

Contract

Obligated and Ceiling

Obligated (net)
$524,935.00
Ceiling (potential value, not spending)
$524,935.00
Current value
$524,935.00
Gross positive obligations
$524,935.00

Obligated is what the government has committed, net of de-obligations. The ceiling is the most the award or vehicle could ever reach; it is shown separately and never added to, or compared as, spending.

Award Details

Recipient
VELOCITY SYSTEMS LLC · QEJENAS64KR3
Owner company
Not a reviewed companyNo reviewed company owns this recipient.
Reported parent
VELOCITY SYSTEMS LLC · QEJENAS64KR3
Awarding agency
Department of War · sub-agency 2100 · office W911QY
Funding agency
Department of War · sub-agency 2100
Product or service (PSC)
8465 · INDIVIDUAL EQUIPMENT
Industry (NAICS)
314999 · ALL OTHER MISCELLANEOUS TEXTILE PRODUCT MILLS
PIID
W911QY17C0015
Award type code
D
Actions
3 · Dec 2, 2016 to May 8, 2017
Why it is listed
gross positive obligations of $100k or more (contracts)

Open this award on USAspending →

Action History3

Award actions
DateFYModAction typeObligationCompany in company totals
May 8, 2017FY2017P00002B$0.00
—
Mar 21, 2017FY2017P00001G$228,605.00
—
Dec 2, 2016FY20170—$296,330.00
—

Newest first. Every obligation is shown as reported, including zero and negative (de-obligation) actions. Award lists belong to the company of the latest action; company totals credit each action to the company named on that row, so a note marks rows where the two differ.