Loan processing assistance

Ended Awarded Last action

Contract number
73351020F0175
Awardee
Awarding agency
Obligated
$53,686,992

Award facts

Contract value 93% obligated
  • $53,686,992.21 Current, with exercised options
  • $57,990,205.41 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of Disaster Assistance Small Business Administration
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

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00007 · The purpose of this modification is to deobligate funds in the amount of $54,962,772.99 and to administratively closeout this contract IAW far 4.804-5 and… -$54,962,773
Exercise an Option P00006 $57,844,757
Other Administrative Action P00005 $0
Supplemental Agreement for work within scope P00004 $31,792,618
Other Administrative Action P00003 $0
Exercise an Option P00002 · Loan processing assistance in support of covid 19 $4,303,213
Exercise an Option P00001 $7,354,589
Original award $7,354,589

About this award

The Small Business Administration Office of Disaster Assistance awarded a $57.99 million blanket purchase agreement call contract to Highlight Technologies, Inc. to provide loan processing assistance services. The prime contractor will deliver the services under its Multiple Award Schedule contract vehicle. The work will involve supporting SBA disaster loan programs from a facility in Fairfax, Virginia through December 2021. Pricing is based on labor hours. No subcontractors or set aside designations were indicated. SBA's Office of Disaster Assistance oversees various loan and grant programs that aid businesses, homeowners, and renters impacted by disasters to recover and rebuild.

Quick answers

Who was awarded contract 73351020F0175?

73351020F0175 was awarded to Highlight Technologies, LLC by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on June 10, 2020.

How much is contract 73351020F0175 worth?

The government has obligated $53,686,992 on 73351020F0175. Its potential value, with all options, is $57,990,205.

Which agency awarded contract 73351020F0175?

Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351020F0175, with funding from Office of Disaster Assistance (Small Business Administration).

Is contract 73351020F0175 an order under another contract?

Yes. 73351020F0175 is a BPA call under GS00F133DA-SBAHQ17A0016, a blanket purchase agreement, on Multiple Award Schedule (MAS).

Was contract 73351020F0175 competed?

The extent of competition for 73351020F0175 was full and open competition.

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