OCA financial administrative support

Ended Awarded Last action

Contract number
73351023F0069
Awardee
Awarding agency
Obligated
$48,905,590

Award facts

Contract value 12% obligated
  • $108,126,574.46 Current, with exercised options
  • $392,736,381.32 Potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Funding agency
Office of Capital Access Small Business Administration
Set-aside
Service-Disabled Veteran-Owned Small Business
Competition
Full and Open Competition Multiple Award, Fair Opportunity
Pricing
Labor Hours
Place of performance
Ashburn, VA 20146, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00006 -$3,795,864
Other Administrative Action P00005 -$2,975,617
Exercise an Option P00004 $18,917,237
Change Order P00003 -$7,000,000
Change Order P00002 $467,113
Funding Only Action P00001 $1,311,846
Original award $41,980,875

About this award

The Office of Capital Access issued a BPA call to RP Professional Services, LLC, a Service-Disabled Veteran-Owned Small Business, on September 25, 2023, with a ceiling value of $392.7 million and ultimate completion date of September 24, 2028. The call is issued under the Small Business Administration's Office of Capital Access BPA for financial administrative support services.

RP Professional Services holds SBA certifications as an 8(a) Program participant, Service-Disabled Veteran-Owned Small Business, and Veteran-Owned Small Business. Work is performed in Ashburn, Virginia, under a labor-hours pricing model.

Government-invoiced labor reflects significant scale-up from award: FY2023 invoicing was $543 thousand across 4.6 FTEs and 9,573 contractor hours; FY2024 peaked at $30.2 million across 426 FTEs and 886,540 contractor hours; FY2025 invoicing declined to $15.3 million across 125 FTEs and 260,216 contractor hours. Derived government-paid hourly rates were $56.71/hr in FY2023, $34.06/hr in FY2024, and $58.71/hr in FY2025, trending roughly flat across the period. In FY2025, 45% of contractor hours were subcontracted across a team of seven subcontractors.

Quick answers

Who was awarded contract 73351023F0069?

73351023F0069 was awarded to RP Professional Services, LLC by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 25, 2023.

How much is contract 73351023F0069 worth?

The government has obligated $48,905,590 on 73351023F0069. Its current value, with exercised options, is $108,126,574. Its potential value, with all options, is $392,736,381.

Which agency awarded contract 73351023F0069?

Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351023F0069, with funding from Office of Capital Access (Small Business Administration).

Is contract 73351023F0069 an order under another contract?

Yes. 73351023F0069 is a BPA call under 47QTCA20D009S-73351023A0013, a blanket purchase agreement, on Multiple Award Schedule (MAS).

Was contract 73351023F0069 competed?

The extent of competition for 73351023F0069 was full and open competition. It was set aside: Service-Disabled Veteran-Owned Small Business.

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