Agency Employ & Econ Development Dept

Contractor Tractus Asia Ltd.

SWIFT Contract Number 139842

Project Name ASEAN Foreign Office Contract

Project Number (if applicable) {Empty}

Summarize purpose of the contract, including why it was necessary: The Minnesota Trade Office required in market assistance with export promotion of goods and services offered by Minnesota companies into the ASEAN region.

Project Duration

Start Date Sun, 04/01/2018 - 00:00

Original end date Sun, 06/30/2019 - 00:00

Actual end date Thu, 06/30/2022 - 00:00

Did project finish on time? Yes

Total billable hours utilized (if applicable) 1630

Contract Amounts

Original contract: $73000

Amendments $90000

Contract total $163000

Did project finish within budget? Yes

What was the funding source? MTO Foreign Offices Account

Is this a sole source contract? Yes

If this was a single source contract, explain why the agency determined there was only a single source for the services (if applicable) DEED/ MTO was in need of an in market foreign office who had extensive contact knowledge with ASEAN countries and Minnesota to assist Minnesota companies with their export needs to ASEAN countries. Tractus Asia Ltd. had the expertise DEED & MTO needed assist as the foreign office in ASEAN and understood the needs of the State related to trade and foreign direct investment.

Evaluator Name Elise Buchen

Evaluator Email Address elise.buchen@state.mn.us

Evaluate the contractor's timeliness The contractor responded to requests and executed projects in the agreed upon timeline.

Evaluate the contractor's quality The contractor provided quality work and assisted the state and Minnesota companies with trade and investment needs.

Evaluate the contractor's cost The contractor's costs were on par with other foreign offices.

Evaluate the contractor's overall performance The contractor provided great service to the State and Minnesota business community.

Would you engage the contractor's services again? Yes

Describe any negative action taken during the duration of this contract (i.e., termination, pursuit of suspension, etc.): none.

Please rate the overall experience with the contractor 5 - very satisfied