Loan processing assistance for COVID19
Ended Awarded Last action
- Contract number
- 73351020F0125
- Awardee
-
Highlight Technologies, LLC UEI C2MSYQALD3E4
- Awarding agency
-
Office of Performance Management and the Chief Financial Officer
Small Business Administration
- Obligated
- $116,030,529
Award facts
- Contract value 65% obligated
-
- $116,030,529.19 Current, with exercised options
- $178,294,891.49 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Office of Disaster Assistance 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 | -$47,765,330 | |
| Funding Only Action | -$1,510,150 | |
| Exercise an Option | $42,341,150 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $31,116,654 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $26,874,487 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $28,196,183 | |
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | $12,658,273 | |
| Supplemental Agreement for work within scope | $9,021,918 | |
| Supplemental Agreement for work within scope | $1,057,513 | |
| Original award | $14,039,832 |
Show all 15
About this award
The Small Business Administration Office of Disaster Assistance awarded a $178 million blanket purchase agreement call contract to Highlight Technologies, Inc. to provide loan processing assistance for the SBA's COVID-19 relief efforts. Performance will take place in Fairfax, Virginia through December 2021. Labor hours pricing will support the agency's COVID-19 loan programs under an existing Multiple Award Schedule contract vehicle. No subcontractors or set aside designations were indicated. This significant award to Highlight will bolster the SBA's loan processing capacity as it works to aid small businesses impacted by the pandemic through its various Economic Injury Disaster Loan and other COVID-19 relief programs.
Quick answers
Who was awarded contract 73351020F0125?
73351020F0125 was awarded to Highlight Technologies, LLC by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on April 22, 2020.
How much is contract 73351020F0125 worth?
The government has obligated $116,030,529 on 73351020F0125. Its potential value, with all options, is $178,294,891.
Which agency awarded contract 73351020F0125?
Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351020F0125, with funding from Office of Disaster Assistance (Small Business Administration).
Is contract 73351020F0125 an order under another contract?
Yes. 73351020F0125 is a BPA call under GS00F133DA-SBAHQ17A0016, a blanket purchase agreement, on Multiple Award Schedule (MAS).
Was contract 73351020F0125 competed?
The extent of competition for 73351020F0125 was full and open competition.
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