HQ - 2023-OCT-01 - probability of default recompete contract number: TBD period of performance: 12/15/2023 to 12/14/2024 accounting string: BC2920/AJ615/6100/602/2524 contingent upon FY24 funding AP
Active Definitive Contract Awarded Last action
- Contract number
- 2031JW24C00010
- Awardee
-
SAS Institute Inc. UEI RFLNANKKZYV5
- Awarding agency
-
Office of the Comptroller of the Currency
Department of the Treasury
- Obligated
- $615,183
Award facts
- Opportunity
-
- RFQ - OCC's Probability of Default Data Solicitation · 2031JW24Q00007 · Posted Oct 12, 2023
- Contract value 59% obligated
-
- $615,182.64 Current, with exercised options
- $1,043,868.24 Potential, with all options
- Completion date 52% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 541690 Other Scientific and Technical Consulting Services
- PSC
- B507 Special Studies/Analysis- Economic
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 3 offers Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Cary, NC 27513, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $203,533 | |
| Other Administrative Action | -$25,875 | |
| Exercise an Option | $222,525 | |
| Other Administrative Action | $0 | |
| Original award | $215,000 |
About this award
The Office of the Comptroller of the Currency awarded a firm fixed-price definitive contract to SAS Institute Inc. on March 15, 2024, with a ceiling value of $1.04 million. The contract, with an initial period of performance from December 15, 2023 through December 14, 2024, supports the OCC's financial regulation and oversight mission by providing probability of default data for U.S. and foreign public companies. SAS will deliver daily-updated probability of default metrics covering public companies with historical data dating back to 2010, along with optional quarterly data for U.S. banks and thrifts. The data will be accessible to up to 35 OCC users through downloadable files and a secure file transfer portal. This is a recompete contract with no set-aside designation and carries an ultimate completion date of March 14, 2029 if all option periods are exercised.
SAS Institute Inc., a leading provider of data analytics software and services to the federal government, is well-positioned to deliver on this requirement based on its extensive experience across civilian and defense agencies. The company specializes in business intelligence, predictive analytics, and statistical analysis solutions, with a portfolio that includes probability of default analysis and risk assessment capabilities. The funding is contingent upon FY24 appropriations and is designated under the OCC's accounting structure for financial regulatory operations.
Quick answers
Who was awarded contract 2031JW24C00010?
2031JW24C00010 was awarded to SAS Institute Inc. by Office of the Comptroller of the Currency (Department of the Treasury) on March 15, 2024.
How much is contract 2031JW24C00010 worth?
The government has obligated $615,183 on 2031JW24C00010. Its potential value, with all options, is $1,043,868.
Was contract 2031JW24C00010 competed?
The extent of competition for 2031JW24C00010 was competed under sap. The government received 3 offers.
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