Federal AI Contracts

Definitive contract · 36C10G24C0010

VA AI contract to Olympus Alpha (36C10G24C0010)

Department of Veterans Affairs signed a definitive contract with Olympus Alpha on 30 Sep 2024 for: Trustworthy artificial intelligence program support. $2.6M obligated, $4.98M ceiling.

Civilian

Verified

Obligated
$2.6M 1
Ceiling
$4.98M 1
Signed
30 Sep 2024 1
Runs to
29 Sep 2025 1

Open on USAspending.gov Compare with related

In context

Across 411 awards
  • Ranks 8 of 12 VA awards in this ledger by obligated dollars, 7.7% of the agency's $33.6M.
  • Olympus Alpha's only award in this ledger.
  • 52% of the $4.98M ceiling is obligated, leaving $2.38M in options not yet exercised.
  • Period of performance: 12 months, one of 158 AI awards signed in FY2024.

Award record

Source per value
Award IDThe PIID for contracts and IDVs, the FAIN for grants and cooperative agreements, exactly as USAspending.gov lists it.
36C10G24C00101
Action dateDate the award was signed (contracts and IDVs) or the base action date (assistance), from the USAspending.gov award record.
2024-09-301
Fiscal yearFederal fiscal year of the action date. FY2025 runs 1 October 2024 to 30 September 2025.
FY20241
AgencyTop-tier awarding agency, as named by USAspending.gov.
Department of Veterans Affairs1
RecipientThe contractor or grantee on the award, as registered in SAM.gov and shown by USAspending.gov.
Olympus Alpha LLC1
Award typeThe award vehicle. Contracts and orders spend money; IDIQs, BPAs and GWACs are vehicles that orders are placed against; grants and cooperative agreements are financial assistance.
Definitive contract1
Obligated $Total federal dollars obligated on the award to date (sum of all actions, including de-obligations). This is money committed, not a ceiling.
$2,595,2851
Ceiling $Base and all options value: the most the contract or IDV can reach if every option is exercised. A ceiling is not spending; never add it to obligations. Empty for grants.
$4,978,4011
Performance startStart of the period of performance.
2024-09-301
Performance endCurrent end of the period of performance (or last date to order for an IDV).
2025-09-291
PSCProduct or Service Code on the latest contract action, with its official description.
R408: Support- professional: program management/support1
NAICSNAICS industry code on the latest contract action, with its description.
541611: Administrative management and general management consulting services1
Award descriptionThe award description as the agency entered it, cut at about 420 characters.
TRUSTWORTHY ARTIFICIAL INTELLIGENCE PROGRAM SUPPORT1
CompetitionExtent competed on the latest contract action.
Not available for competition1
Offers received offersNumber of offers the agency reports receiving.
11
PricingType of contract pricing (firm fixed price, cost plus fixed fee, time and materials...).
Firm fixed price1

Source

  1. USAspending.gov award 36C10G24C0010 accessed 2026-11-11

Obligated is money committed to date. Ceiling is the base-and-all-options value: the most the award can reach. The two are never added.

Browse

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Spot a change?

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