Foreign currency advisory services
Active Awarded Last action
- Contract number
- 77344423F0106
- Awardee
-
Riskbridge Associates LTD UEI VJNLXXM62888
- Awarding agency
- International Development Finance Corporation
- Obligated
- $158,673
Award facts
- Opportunity
-
- Personal Services Contract - Power Africa Project Finance Specialist, Director Solicitation · 77344423Q0015 · Posted Jan 27, 2023
- Contract value 100% obligated
- $158,672.56 Current and potential, with all options
- Completion date 88% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 523930 Investment Advice
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 2 offers Simplified Acquisition
- Pricing
- Labor Hours
- Place of performance
- Great Britain, United Kingdom
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | -$120,255 | |
| Other Administrative Action | $0 | |
| Original award | $278,928 |
About this award
The International Development Finance Corporation (DFC) awarded a Blanket Purchase Agreement (BPA) call modification to Riskbridge Associates LTD, a specialized financial services firm based in the United Kingdom, for foreign currency advisory services. This modification extends the period of performance by twelve months, moving the completion date from March 30, 2026 to March 30, 2027. The contract carries a ceiling value of $158,672.56 and operates under a labor hours pricing structure. No set-aside designation applies to this award, reflecting Riskbridge's competitive standing in its niche financial advisory market. The contract was originally awarded on July 18, 2023.
Riskbridge, which operates under a $5 million master BPA established in August 2019, provides critical expertise in foreign exchange risk management, interest rate advisory, and benchmark rate calculations that support DFC's mission to facilitate private sector investment and economic development in emerging markets. The company's services have previously supported significant international projects and include specialized functions such as SOFR calculation and foreign currency advisory work. This performance period extension underscores the continued reliance on Riskbridge's capabilities for managing currency risks and financial advisory support across DFC's portfolio of overseas development initiatives.
Quick answers
Who was awarded contract 77344423F0106?
77344423F0106 was awarded to Riskbridge Associates LTD by International Development Finance Corporation on July 18, 2023.
How much is contract 77344423F0106 worth?
The government has obligated $158,673 on 77344423F0106.
Is contract 77344423F0106 an order under another contract?
Yes. 77344423F0106 is a BPA call under 71311119A0002, a blanket purchase agreement.
Was contract 77344423F0106 competed?
The extent of competition for 77344423F0106 was competed under sap. The government received 2 offers.
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