Loan processing assistance in response to covid-19
Ended Awarded Last action
- Contract number
- 73351020F0076
- Awardee
-
Highlight Technologies, LLC UEI C2MSYQALD3E4
- Awarding agency
-
Office of Performance Management and the Chief Financial Officer
Small Business Administration
- Obligated
- $131,482,726
Award facts
- Contract value 100% obligated
-
- $131,482,725.86 Current, with exercised options
- $131,725,327.74 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Office of Capital Access Small Business Administration
- 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
- Fairfax, VA, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$10,840,836 | |
| Supplemental Agreement for work within scope | -$55 | |
| Supplemental Agreement for work within scope | $37,000,167 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $1,202,488 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | -$22 | |
| Funding Only Action | $134,180 | |
| Exercise an Option | $29,215,750 | |
| Supplemental Agreement for work within scope | $2,022,509 | |
| Exercise an Option | $8,249 | |
| Supplemental Agreement for work within scope | $106,168 | |
| Supplemental Agreement for work within scope | -$459 | |
| Supplemental Agreement for work within scope | $20,256 | |
| Additional Work (new agreement, FAR part 6 applies) | $215,909 | |
| Additional Work (new agreement, FAR part 6 applies) | $21,805,919 | |
| Funding Only Action | $48,236,438 | |
| Supplemental Agreement for work within scope | -$643,937 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $3,000,000 |
Show all 20
About this award
The Small Business Administration awarded a blanket purchase agreement call contract valued at approximately $131.7 million to Highlight Technologies, Inc. to provide loan processing assistance in response to the COVID-19 pandemic. Under the contract, Highlight Technologies will support the SBA Office of Capital Access in delivering services through the agency's Multiple Award Schedule contract vehicle. The firm will perform the work at its Fairfax, Virginia location from April 2020 through May 2022 to help expedite the disbursement of loans through SBA programs aimed at assisting small businesses economically impacted by the public health crisis. No subcontractors or set aside designations were identified in the award information.
Quick answers
Who was awarded contract 73351020F0076?
73351020F0076 was awarded to Highlight Technologies, LLC by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on April 1, 2020.
How much is contract 73351020F0076 worth?
The government has obligated $131,482,726 on 73351020F0076. Its potential value, with all options, is $131,725,328.
Which agency awarded contract 73351020F0076?
Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351020F0076, with funding from Office of Capital Access (Small Business Administration).
Is contract 73351020F0076 an order under another contract?
Yes. 73351020F0076 is a BPA call under GS00F133DA-SBAHQ17A0016, a blanket purchase agreement, on Multiple Award Schedule (MAS).
Was contract 73351020F0076 competed?
The extent of competition for 73351020F0076 was full and open competition.
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