GovChime
AWARDDEFINITIVE CONTRACTOther than small business

Definitive contract SP700023C0003SAMSUNG ELECTRONICS CO.,LTD.

Overview

Award facts

Net obligations
$4.96M
$4,960,627of $8.41M potential value
Outlays (paid to date)
$363.24K
$363.24K paid of $4.96M obligated$363,237
Period of performance
Dec 1, 2023 to Mar 31, 2027
Ends in 4 months
Modifications
30
Latest action Mar 31, 2026
Contract type
Definitive contract
PIID SP700023C0003

Contract value is the most the government could spend; obligations are what it has legally committed; outlays are what it has actually paid.

Description of requirement

UP TO 60 MONTH LEASE OF MULTIFUNCTIONAL DEVICES AND ASSOCIATED MAINTENANCE.

Dates and value

Award date
Signed on Apr 3, 2023
Potential end of performance
Nov 30, 2028
Current value
$4,960,627Base and exercised options
Potential value (if all options are exercised)
$8,407,666

Obligations by fiscal year of action

  • FY2026: $2,243,637
  • FY2025: $1,529,050
  • FY2024: $1,187,949
  • FY2023: -$10 (de-obligation)

Total across 4 fiscal years: $4,960,627

Net de-obligation in that fiscal year (obligations withdrawn).

The Department of Defense funded and awarded this contract. DoD contract actions are withheld at the source for about 90 days after signature, so actions signed after Aug 9, 2026 are not yet public.

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Mar 31, 2026. View on USAspending · Recipient on SAM.gov

Recipient

LocationSUWON, KOR
UEISPCRV5ZADYA6
CAGE code1542F
Business sizeOther than small businessSize at award, per the contracting officer
Organization typeCorporate not tax exempt

Business types and certifications

For-profit organizationCorporation (not tax-exempt)

Self-reported at the time of the action.

Agency and place

Awarding and funding

Awarded by
  1. Department of Defense
  2. Defense Logistics Agency
  3. DCSO-P NEW CUMBERLAND
Funded by
  1. Department of Defense
  2. Defense Logistics Agency
  3. DCSO-P NEW CUMBERLAND
Funded from
ReimbursableProgram activities097-4930Federal accounts (agency financial reports)

Place of performance

Place of performance
Korea, South

Classification and competition

Classification

Product or service (PSC)
W074LEASE OR RENTAL OF EQUIPMENT- OFFICE MACHINES, TEXT PROCESSING SYSTEMS, AND VISIBLE RECORD EQUIPMENT (service)

Competition

Extent competed
Full and open competitionA
Solicitation procedures
Negotiated proposal/quoteNP
Set-aside
No set-aside used
Contract pricing
Firm fixed priceJ
Offers received
6

Solicitation and notices

Solicitation ID
SP700022R1005(as reported)
Solicitation date
Aug 19, 2022

Contract details

Subcontracting plan
Plan not requiredB
Cost Accounting Standards clause
Not applicable exempt from CASX
Certified cost or pricing data
No
Commercial procedures
Commercial products/servicesA
Government-furnished property
Transaction does not use GFE/GFPN
Bundled requirement
Not bundledH
Consolidated requirement
Not consolidatedD
Undefinitized action (terms not final)
No
Multi-year contract
No
Performance-based service acquisition
Yes - service where PBA is used.Y

Transaction history

Modification history

Base award
Apr 3, 2023
Latest action
Mar 31, 2026 — Option exercisedModification P00030; obligation change +$1,473,349
Latest substantive action
Mar 31, 2026 — Option exercisedModification P00030; obligation change +$1,473,349
Latest funding action
Oct 3, 2025 — Funding onlyModification P00027; obligation change +$767,808; funding only: changes obligations, not scope
Actions by type
  • Base award1
  • Option exercised16
  • Supplemental agreement (within scope)5
  • Funding only4
  • Change order2
  • Terminated for convenience2
  • Other administrative action1
31 actions recorded, Apr 3, 2023 to Mar 31, 2026; each action counted once.

All contract data

All contract data

Every other field reported for this award, as of its latest reported action

Competition

Evaluation preference
No preference used
Local area set-aside
No
Synopsized publicly (SAM.gov / FedBizOpps)
Yes
Simplified procedures for commercial items
No

Pricing and financing

Paid by purchase card
No
Latest action: change in base and exercised options
$1,473,349
Latest action: change in base and all options
-$1,408

Socio-economic and policy

Inherently governmental functions
Other functionsOT
Recovered materials and sustainability
No clauses included and no sustainability includedC
EPA-designated product
Meets requirementsA
Clinger-Cohen Act planning (IT)
No

Place and origin

Domestic or foreign entity
Foreign-owned business not incorporated in the U.S.D
Country of product or service origin
Korea, southKOR
Place of manufacture
Not a manufactured end productC

Structure

Award or IDV
Award
Award type
Definitive contractD
IT commercial item category
Not IT products or servicesZ
Awarding agency code
9700
Awarding sub-tier code
97AS
Contracting office code
SP7000
Transactions recorded under this award key
2

Funding

Funding agency code
9700
Funding sub-tier code
97AS
Funding office code
SP7000
Treasury accounts
  • 097-X-4930-005
Object classes
  • 23.3: Communications, utilities, and miscellaneous charges
  • 26.0: Supplies and materials
Disaster or emergency funding (DEFC)
  • Q: Not Designated Nonemergency/Emergency/Disaster/Wildfire Suppression