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[SBA Guide] Extract Contract Details from the Fedmine Database

Important Things to Note on the Contract Details Page

  • Schedule Type in the top right indicates the contract was awarded through a GWAC or GSA Schedule.

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  • Primes may self report SubContractors in the subcontractors box.

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  • Review the dollars obligated, base & exercised options value, and base & all options value within their respective rows. Remember:
    • Obligated amount refers to the specific funds currently committed to a contract for a particular period.
    • Base and Exercised Options represents the cumulative value of the base contract plus any options that have been formally activated (exercised).
    • Base and All Options (also known as Total Contract Value) encompasses the entire potential value, including the base contract and all options, whether they have been exercised or not. 

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  • View the respective rows to understand when the contract (or modification) was signed, and when the contract goes into effect. Remember: The Signed and Effective Dates may be different.
    • Signed date (or execution date)
      • This is the date when all parties involved in the contract formally sign the document, indicating their acceptance of its terms and conditions.
      • It signifies that the contract has been formally executed and becomes a legally binding agreement between the parties involved.
    • Effective date
      • This is the date when the terms of the contract become legally binding and enforceable, and the obligations of the parties begin.
      • It signifies the point from which the rights, duties, and obligations of the parties outlined in the contract are activated and the contract starts to govern the relationship between the parties.

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  • The Solicitation ID field indicates whether the contract was associated with a bid opportunity. When hyperlinked, you can access the public bid and download SOW documents!

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  • Continue scrolling down the right column to understand more of the contract's solicitation procedures, award and determination processes.

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  • The left column provides insights into the Place of Performance, Contract Requirements, NAICS/PSC Codes...

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  • .... and the Contracting Offices and Officers involved.

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  • The bottom details the Socioeconomic Indicators of the company, and on the right, more details about specific requirements.

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