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Awarded contract·Snohomish County·Washington

Small Business Innovation Assistance

Won by Ventures$2MAwarded 3/7/2023Single Award
Contract source

Awarded vendors

  • Ventures

Description

This contract provides a county‑wide Small Business Innovation Assistance program, delivering outreach, cohort training, data workshops, one‑on‑one advisory, grant administration, and incubator services to support small‑business growth in Snohomish County. The award was given to Ventures for a lump‑sum amount of $2 million to execute the program over a two‑year period, covering technical assistance, workshops, grant distribution, and related administrative functions. • Scope includes outreach, participant matching, entrepreneurship cohort delivery, data workshop, individualized advisory, loan‑readiness, grant administration, and program coordination. • Funding is structured as a Not‑To‑Exceed (NTE) lump‑sum ceiling of $2 million, with detailed cost line items for hourly services, workshops, and grant disbursements. • Evaluation was based on technical criteria (experience, personnel, implementation plan) and cost, with Ventures receiving the highest combined score.

Attached files

Key dates

Bids closed
5/19/2022
Intent to award
3/7/2023
Awarded
3/7/2023
Duration
2 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Consulting Services
NAICS
541618
Solicitation №
RFP-22-019SB

Set-asides

Small Business, Total Set-Aside

Contract value

$2,000,000

The award record specifies a lump‑sum UnitPriceOverride of $2,000,000 for Ventures, which is the contract’s definitive value. The evaluation sheet also lists a total Not‑To‑Exceed (NTE) amount of $5,099,130 across all proposers, but only the $2 M award to Ventures is actually funded. Therefore the contract’s monetary value is $2 million.

AI estimate from the award documents

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