Subsidized parking program

Active Definitive Contract Awarded Last action

Contract number
16PBGC22C0016
Awardee
Awarding agency
Obligated
$1,254,189

Award facts

Opportunity
Contract value 82% obligated
  • $1,254,188.50 Current, with exercised options
  • $1,538,217.30 Potential, with all options
Completion date 92% complete
Current and potential, with all options
NAICS code
812930 Parking Lots and Garages
Set-aside
No set-aside
Competition
Not Competed under SAP · 1 offer Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20024, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00010 · The purpose of this modification is to DE-obligate $0.30 in unexpended FY25 funds from clin 3001. -$0
Supplemental Agreement for work within scope P00009 $0
Other Administrative Action P00008 $0
Other Administrative Action P00007 · The purpose of this modification is to implement executive order 14173, "ending illegal discrimination and restoring merit-based opportunity." $0
Exercise an Option P00006 $247,229
Vendor DUNS or Name Change - Non-Novation P00005 · Parking. $0
Exercise an Option P00004 · The period of performance is from 01 april 2025 through 31 march 2026. This fully funds option period 3 in the amount of $240,028.80. As a result, the total… $240,029
Other Administrative Action P00003 · Add pbgc clause 52.232-7009 submission of electronic invoicing using invoice proessing platform (IPP) for time and material, labor-hours, and fixed price (FEB… $0
Exercise an Option P00002 · Parking services $233,030
Exercise an Option P00001 $314,243
Original award $219,658
Show all 11

About this award

Written by GovTribe AI ·

The Pension Benefit Guaranty Corporation awarded a $1,538,217.30 definitive contract to SP Plus LLC for subsidized parking program management on April 1, 2022, under sole-source authority (FAR 6.301-1, only one responsible source).

The contract provides 80 parking permits at the agency's headquarters at 445 12th Street SW, Washington, DC 20024. The originating Special Notice, posted February 18, 2022, documents PBGC's intent to sole-source to SP Plus based on the vendor's existing management of parking facilities under the building's lease terms and market research confirming competitive pricing against six regional parking vendors. The acquisition supports the agency's subsidized parking program for executives, medical needs, and carpools.

Performance runs through March 31, 2027, comprising a one-year base period plus four one-year option periods. Pricing is firm fixed-price with no set-aside. The ultimate completion date reflects a de-obligation of $0.30 in unexpended FY25 funds under this modification.

Quick answers

Who was awarded contract 16PBGC22C0016?

16PBGC22C0016 was awarded to SP Plus LLC by Pension Benefit Guaranty Corporation on April 1, 2022.

How much is contract 16PBGC22C0016 worth?

The government has obligated $1,254,189 on 16PBGC22C0016. Its potential value, with all options, is $1,538,217.

Was contract 16PBGC22C0016 competed?

The extent of competition for 16PBGC22C0016 was not competed under sap. The government received 1 offer.

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