The objective of the USDA farm production and conservation (fpac) farm services agency (FSA) is to obtain fully accessible, state-of-the-art web-based commercial off-the-shelf (COTS) farm business…
Ended Definitive Contract Awarded Last action
- Contract number
- 12314421C0055
- Awardee
-
Moody's Analytics Solutions, LLC UEI H4WWDYKHLCQ3
- Awarding agency
-
Office of Procurement and Property Management
Department of Agriculture
- Obligated
- $19,410,000
Award facts
- Opportunity
-
- Notice of Intent to Sole Source - Farm Business Plan Lending Cloud Application Special Notice · 12314421R0015 · Posted Sep 7, 2021
- Contract value 100% obligated
- $19,410,000.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Farm Production and Conservation Department of Agriculture
- NAICS code
- 541512 Computer Systems Design Services
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Omaha, NE 68114, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$3,080,000 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $6,060,000 | |
| Exercise an Option | $5,810,000 | |
| Exercise an Option | $5,560,000 | |
| Other Administrative Action | $0 | |
| Original award | $5,060,000 |
About this award
The U.S. Department of Agriculture's Farm Production and Conservation Farm Services Agency awarded a $19.41 million definitive contract to Moody's Analytics Solutions, LLC for web-based commercial off-the-shelf farm business planning and financial/credit analysis software with technical support on September 29, 2021, under a sole-source justification (FAR 6.302-1).
The originating Special Notice identified Moody's Analytics Solutions as the sole proprietor of the Lending Cloud Application with no authorized resellers, making it the only responsible source able to meet the agency's requirements. Work is performed in Omaha, Nebraska. The contract carries a firm fixed price and ultimate completion date of September 29, 2025.
Service Contract Inventory reporting shows declining labor intensity over the contract term. FY2024 invoiced $5 million across 0.8 FTEs and 1,580 contractor hours at a derived rate of $3,189.87 per hour. FY2023 invoiced $4.8 million (1.5 FTEs, 3,066 hours, $1,562.30/hr), and FY2022 invoiced $4.3 million (3.2 FTEs, 6,721 hours, $638.30/hr). The contractor self-performed all reported labor with no subcontractors.
Description
The objective of the USDA farm production and conservation (fpac) farm services agency (FSA) is to obtain fully accessible, state-of-the-art web-based commercial off-the-shelf (COTS) farm business planning and financial/credit analysis software, with
Quick answers
Who was awarded contract 12314421C0055?
12314421C0055 was awarded to Moody's Analytics Solutions, LLC by Office of Procurement and Property Management (Department of Agriculture) on September 29, 2021.
How much is contract 12314421C0055 worth?
The government has obligated $19,410,000 on 12314421C0055.
Which agency awarded contract 12314421C0055?
Office of Procurement and Property Management (Department of Agriculture) awarded 12314421C0055, with funding from Farm Production and Conservation (Department of Agriculture).
Was contract 12314421C0055 competed?
The extent of competition for 12314421C0055 was not competed. The government received 1 offer.
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