Treasury executive office of asset forfeiture - real property

Active Definitive Contract Awarded Last action

Contract number
2032H323C00009
Awardee
Awarding agency
Obligated
$30,448,003

Award facts

Opportunity
Contract value 74% obligated
  • $30,448,003.01 Current, with exercised options
  • $41,396,996.30 Potential, with all options
Completion date 71% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Negotiated Proposal / Quote
Pricing
Cost Plus Fixed Fee
Place of performance
Manassas, VA 20109, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00008 $0
Exercise an Option P00007 $8,739,937
Funding Only Action P00006 $106,768
Funding Only Action P00005 $748,306
Exercise an Option P00004 · Treasury executive office of asset forfeiture - maintenance and disposal of seized and blocked real property. Exercise option period II. $7,193,072
Supplemental Agreement for work within scope P00003 $552,471
Exercise an Option P00002 $6,621,860
Other Administrative Action P00001 $0
Original award $6,485,590

About this award

The Department of the Treasury awarded a definitive contract to CWS Marketing Group, Inc. for management and disposition of seized residential, commercial, and vacant real estate property on April 1, 2023, with a $41.4 million ceiling and no set-aside.

The originating pre-solicitation, posted June 29, 2022, describes receipt, possession, custody, management, and disposition of seized, blocked, or forfeited real estate located throughout the United States. The contract employs cost-plus-fixed-fee pricing with one base year and four option years. Place of performance is Manassas, VA.

As of the most recent reported fiscal year (FY2024), the contract engaged 16.2 FTEs across 33,741 contractor hours at a derived government-paid hourly rate of $215.48 per hour. The prior fiscal year (FY2023) reported 8.3 FTEs and 17,277 contractor hours at $163.20 per hour, reflecting rising labor intensity year-over-year. One subcontractor accounted for 28 percent of contractor hours in FY2024. The contract's ultimate completion date is March 31, 2028.

Quick answers

Who was awarded contract 2032H323C00009?

2032H323C00009 was awarded to CWS Marketing Group, Inc. by Departmental Offices (Department of the Treasury) on April 1, 2023.

How much is contract 2032H323C00009 worth?

The government has obligated $30,448,003 on 2032H323C00009. Its potential value, with all options, is $41,396,996.

Was contract 2032H323C00009 competed?

The extent of competition for 2032H323C00009 was full and open competition. The government received 1 offer.

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