01 / Contract Profile
N0024425PS135 Federal Contract Award
Agency code 1700
LEASE OF A COMMERCIAL SERVICE CONTRACT FOR AN OPT NEXT GEN POWER BUOY THAT WAS MODIFIED TO INCLUDE 5G AND STARLINK. IF NPS REQUIRES AN UPGRADE TO THE SENSORS, OPT WILL SUPPORT THE UPGRADE ON MUTUALLY AGREED UPON TERMS.
02 / Contract Size and Status
What is the recorded size and timing of this contract?
03 / Spending Trend
N0024425PS135 contract spending by fiscal year
Annual net obligations across the complete period available for this agency and PIID, from the first recorded fiscal year through the latest contract action.
| Fiscal year | Net obligations | Actions | Change |
|---|---|---|---|
| FY 2025 | $149.8K | 3 | — |
04 / Federal Buyer
Which organization manages this contract?
| Department | Contracting agency | Contracting office |
|---|---|---|
| DEPT OF DEFENSE | DEPT OF THE NAVY | NAVSUP FLT LOG CTR SAN DIEGO |
05 / Contractor
Who holds this federal contract?
OCEAN POWER TECHNOLOGIES, INC.
UEI QMEHBTKWMQG3 · CAGE 04EP7
06 / NAICS Industries
Which industries classify this contract?
| Code | Description | Obligations | Actions | Share |
|---|---|---|---|---|
| 532411 | COMMERCIAL AIR, RAIL, AND WATER TRANSPORTATION EQUIPMENT RENTAL AND LEASING | $149.8K | 3 | 100.0% |
07 / Products and Services
What products or services were purchased?
| Code | Description | Obligations | Actions | Share |
|---|---|---|---|---|
| 2050 | BUOYS | $149.8K | 3 | 100.0% |
08 / Place of Performance
Where is the work recorded?
MONROE TOWNSHIP, MIDDLESEX, NEW JERSEY, UNITED STATES
ZIP 088313720
09 / Contract Actions
What modifications and obligations were recorded?
| Signed date | Modification | Obligation | Contracting office | NAICS | PSC |
|---|---|---|---|---|---|
| Nov 20, 2025 | P00002 | $0 | NAVSUP FLT LOG CTR SAN DIEGOOffice code N00244 | 532411 | 2050 |
| Sep 18, 2025 | P00001 | $0 | NAVSUP FLT LOG CTR SAN DIEGOOffice code N00244 | 532411 | 2050 |
| Sep 2, 2025 | Base action | $149.8K | NAVSUP FLT LOG CTR SAN DIEGOOffice code N00244 | 532411 | 2050 |
10 / Reading the Contract
How should this award record be interpreted?
Read the PIID as a transaction history, not as a single purchase price. Net obligations combine the base action with later increases, reductions, corrections, and deobligations recorded under the same contract.
Verify the buyer
Agency and office identify who manages the procurement relationship.
Follow modifications
Each action can change funding, scope, dates, or administrative terms.
Compare the market
Use NAICS, PSC, and the contractor profile to identify related buyers and competitors.