Art insurance period of performance 9/28/2020 thru 9/27/2021

Ended Definitive Contract Awarded Last action

Contract number
19AQMM20C0208
Awardee
Awarding agency
Obligated
$745,143

Award facts

Opportunity
Contract value 60% obligated
  • $979,865.01 Current, with exercised options
  • $1,251,413.27 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Bureau of Overseas Building Operations Department of State
PSC
7110 Office Furniture
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
Arlington, VA 22209, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00011 · The purpose of this modification is to DE-obligate funds in amount of ($1,605.04). All work is done. -$1,605
Funding Only Action P00010 · The purpose of this modification is to add funding in amount of $1,500. $1,500
Funding Only Action P00009 · Social- non-government insurance programs. All risk primary insurance door to door/ nail to nail protection during transit/installation/DE-installation/return… $259,960
Funding Only Action P00008 $0
Additional Work (new agreement, FAR part 6 applies) P00007 $132,763
Additional Work (new agreement, FAR part 6 applies) P00006 $0
Additional Work (new agreement, FAR part 6 applies) P00005 $5,000
Additional Work (new agreement, FAR part 6 applies) P00004 $105
Additional Work (new agreement, FAR part 6 applies) P00003 · The purpose of this modification is to convert contract to IPP system. This is a no cost modification which doesn't change the amount of the order. $0
Exercise an Option P00002 · The purpose of this modification is to exercise option year one for all-risk primary insurance door to door/nail to nail protection during… $119,951
Additional Work (new agreement, FAR part 6 applies) P00001 · The purpose of this modification to add terrorism coverage for loaned artworks by willem dekooning, mark bradford and helen frakenthaler. $113,734
Original award $113,734
Show all 12

About this award

Written by GovTribe AI ·

This is a $1,251,413.27 firm-fixed-price definitive contract awarded by the U.S. Department of State's Bureau of Overseas Building Operations to The Bridge Group LLC for art insurance coverage. The contract has a period of performance from September 28, 2020 through September 27, 2025 and does not have a set-aside designation. The contract was awarded on September 16, 2020 under a solicitation that was conducted as a small business set-aside. The solicitation sought primary art insurance coverage as well as existing war and terrorism coverage for items located in Rosslyn, Virginia.

Quick answers

Who was awarded contract 19AQMM20C0208?

19AQMM20C0208 was awarded to The Bridge Group LLC by Office of Acquisition Management (Department of State) on September 16, 2020.

How much is contract 19AQMM20C0208 worth?

The government has obligated $745,143 on 19AQMM20C0208. Its current value, with exercised options, is $979,865. Its potential value, with all options, is $1,251,413.

Which agency awarded contract 19AQMM20C0208?

Office of Acquisition Management (Department of State) awarded 19AQMM20C0208, with funding from Bureau of Overseas Building Operations (Department of State).

Was contract 19AQMM20C0208 competed?

The extent of competition for 19AQMM20C0208 was not competed. The government received 1 offer.

On GovTribe

See this award's full record

  • Every transaction and funding action
  • The awardee's other awards and teaming partners
  • Similar awards and recompete opportunities
  • Ask GovTribe AI about this award
Try for free Login