Veracity Engineering LLC

This System Engineering and Technical Innovative Solutions (SETIS) Small and Large Business Multiple Award, Indefinite Delivery Indefinite Quantity Contract Will Provide a Broad Range of Research, Service Analysis, and Strategic Planning, Systems Eng

Committed

$115.5 Million

Paid to

UEI LTPHJETBAAJ7

955 Lenfant PLZ SW Ste 7000, Washington, DC, 20024

Department of Transportation

Federal Aviation Administration

693Ka8 System Operations Contracts

Performance

Jun 30, 2022

Competition

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal contract vehicle · indefinite delivery / indefinite quantity

Department of Transportation

Federal Aviation Administration to

Veracity Engineering LLC

Committed

$115.5 Million

Paid to

Veracity Engineering LLC

UEI LTPHJETBAAJ7

955 Lenfant PLZ SW Ste 7000, Washington, DC, 20024

Department of Transportation

Federal Aviation Administration

693Ka8 System Operations Contracts

Performance

Jun 30, 2022

Competition

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗