Independent validation and verification (IV & v) services

Active Awarded Last action

Contract number
77344423F0055
Awardee
Awarding agency
Obligated
$398,499

Award facts

Contract value 81% obligated
  • $398,499.20 Current, with exercised options
  • $493,397.60 Potential, with all options
Completion date 92% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Competed under SAP · 3 offers Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20527, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Additional Work (new agreement, FAR part 6 applies) P00005 · The purpose of this modification is to: $32,570
Exercise an Option P00004 · The purpose of this modification is to: 1. Exercise option year 3 clin 0004- independent validation and verification (IV & v) of DFC models from FEB 22, 2026 to… $94,898
Exercise an Option P00003 · The purpose of this modification is to: 1. Exercise option year 2- independent validation and verification (IV & v) of DFC models. 2. Government appropriation… $92,582
Exercise an Option P00002 · The point of this modification is to: 1. To exercise option 0002-option period i- independent validation and verification (IV & v) of DFC models 2. Government… $90,328
Other Administrative Action P00001 $0
Original award $88,121

About this award

This contract modification increases the level of effort for Option Year 3 under an Independent Validation and Verification (IV&V) Services contract awarded to FI Consulting, Inc. by the International Development Finance Corporation (DFC). The modification obligates an additional $32,570 to CLIN 3001 and updates the Statement of Work to outline expanded tasks. The contract, awarded on February 22, 2023, operates under a Blanket Purchase Agreement (BPA) call vehicle using firm fixed-price pricing with an ultimate completion date of February 20, 2027 and a ceiling value of approximately $493.4K. No set-aside designation was applied to this award.

FI Consulting, a small business headquartered in Arlington, Virginia, specializes in data analytics, financial modeling, and consulting services to federal agencies. The company brings substantial experience in IV&V services and program analysis across multiple civilian agencies, supported by significant Indefinite Delivery Vehicles and BPAs including a $50M DHS agreement and a $30M Treasury contract. Under this DFC engagement, FI Consulting will continue providing independent validation and verification support to enhance program oversight and assurance for the agency's development finance operations.

Quick answers

Who was awarded contract 77344423F0055?

77344423F0055 was awarded to FI Consulting, Inc. by International Development Finance Corporation on February 22, 2023.

How much is contract 77344423F0055 worth?

The government has obligated $398,499 on 77344423F0055. Its potential value, with all options, is $493,398.

Is contract 77344423F0055 an order under another contract?

Yes. 77344423F0055 is a BPA call under 77344421A0014, a blanket purchase agreement.

Was contract 77344423F0055 competed?

The extent of competition for 77344423F0055 was competed under sap. The government received 3 offers.

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