HQ - 2023-OCT-01 - the purpose of this requisition is to fund the base year for the contract award for the administrative costs of the pentegra (firf) retirement plan contract for 2024.

Active Definitive Contract Awarded Last action

Contract number
2031JW24C00008
Awardee
Awarding agency
Obligated
$40,918

Award facts

Contract value 59% obligated
  • $40,918.34 Current, with exercised options
  • $68,798.34 Potential, with all options
Completion date 51% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
NAICS code
525110 Pension Funds
Set-aside
No set-aside
Competition
Not Competed under SAP · 1 offer Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
West Harrison, Briarcliff Manor, NY, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Exercise an Option P00002 $13,940
Exercise an Option P00001 $13,940
Original award $13,038

About this award

The Office of the Comptroller of the Currency (OCC) awarded a definitive, firm fixed-price contract to Pentegra Services, Inc. on July 1, 2024, with a ceiling value of $68,798.34. The contract funds the base year administrative costs for the Pentegra Financial Industry Retirement Fund (FIRF) retirement plan for 2024, with performance extending through December 31, 2028. No set-aside designation was utilized for this award. The work will be performed in West Harrison, Briarcliff Manor, New York.

Pentegra Services, Inc., a retirement plan administration specialist, will provide administrative support services essential to the operation and management of the FIRF plan. The OCC, as a civilian agency within the Treasury Department responsible for banking regulation and supervision, utilizes such retirement plan arrangements to support employee benefits administration. This contract represents a continuation of essential administrative infrastructure necessary for plan operations and compliance with applicable regulatory requirements.

Quick answers

Who was awarded contract 2031JW24C00008?

2031JW24C00008 was awarded to Pentegra Services, Inc. by Office of the Comptroller of the Currency (Department of the Treasury) on July 1, 2024.

How much is contract 2031JW24C00008 worth?

The government has obligated $40,918 on 2031JW24C00008. Its potential value, with all options, is $68,798.

Was contract 2031JW24C00008 competed?

The extent of competition for 2031JW24C00008 was not competed under sap. The government received 1 offer.

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