FID portfolio management support (PMO risk rating
Ended Awarded Last action
- Contract number
- 70FA6023F00000048
- Awardee
-
Potomacwave, Inc. UEI S5ZCFWYN4KK3
- Awarding agency
-
FEMA Mitigation Section
Federal Emergency Management Agency, Department of Homeland Security
- Obligated
- $7,975,349
Award facts
- Contract value 34% obligated
-
- $7,975,349.04 Current, with exercised options
- $23,746,098.34 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- Funding agency
- Federal Emergency Management Agency Department of Homeland Security
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Place of performance
- Alexandria, VA 22314, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$5,629,161 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $5,576,644 | |
| Funding Only Action | -$98,369 | |
| Exercise an Option | $5,566,644 | |
| Other Administrative Action | $0 | |
| Change Order | $0 | |
| Original award | $2,559,591 |
About this award
This contract modification de-obligates excess funding for FID Portfolio Management Support (PMO Risk Rating) services provided to the Federal Emergency Management Agency (FEMA). The award was made to Potomacwave, Inc., a Woman-Owned Small Business (WOSB) headquartered in Alexandria, Virginia, under a Blanket Purchase Agreement (BPA) call utilizing the Multiple Award Schedule (MAS). The contract carries a ceiling value of approximately $23.7 million and is structured as a labor-hour pricing arrangement with an ultimate completion date of October 11, 2028. No set-aside designation was applied to this particular modification, though Potomacwave holds WOSB certifications that influenced its selection for the underlying BPA vehicle.
Potomacwave Consulting specializes in providing program management, data analytics, management consulting, and IT solutions to federal agencies. The company's work on this FEMA engagement supports portfolio management and risk rating functions, delivering expertise that aligns with FEMA's mission operations and emergency management programs. Potomacwave's federal contracting portfolio demonstrates broad experience across multiple agencies including the Department of Homeland Security, Department of Defense, Department of State, and others, positioning it as a versatile provider of mission-critical support services. The de-obligation modification represents a routine adjustment to contract funding rather than a new task order award.
Quick answers
Who was awarded contract 70FA6023F00000048?
70FA6023F00000048 was awarded to Potomacwave, Inc. by FEMA Mitigation Section (Federal Emergency Management Agency) on September 26, 2023.
How much is contract 70FA6023F00000048 worth?
The government has obligated $7,975,349 on 70FA6023F00000048. Its potential value, with all options, is $23,746,098.
Which agency awarded contract 70FA6023F00000048?
FEMA Mitigation Section (Federal Emergency Management Agency) awarded 70FA6023F00000048, with funding from Federal Emergency Management Agency (Department of Homeland Security).
Is contract 70FA6023F00000048 an order under another contract?
Yes. 70FA6023F00000048 is a BPA call under GS00F0007X-70FA2018A00000004, a blanket purchase agreement, on Multiple Award Schedule (MAS).
Was contract 70FA6023F00000048 competed?
The extent of competition for 70FA6023F00000048 was full and open competition.
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