Expert services
Ended Definitive Contract Awarded Last action
- Contract number
- 29FTC123C0004
- Awardee
-
Global Economics Group, LLC UEI FVBLL2KTVW97
- Awarding agency
-
Federal Trade Commission
- Obligated
- $3,153,104
Award facts
- Opportunity
-
- RFQFTC100023EW0002 Solicitation number
- Contract value 47% obligated
-
- $3,553,103.95 Current, with exercised options
- $6,690,727.95 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 541690 Other Scientific and Technical Consulting Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition after exclusion of sources · 2 offers Negotiated Proposal / Quote
- Pricing
- Time and Materials
- Place of performance
- Chicago, IL 60603, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$221,896 | |
| Funding Only Action | $125,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $500,000 | |
| Funding Only Action | $500,000 | |
| Exercise an Option | $0 | |
| Funding Only Action | $100,000 | |
| Funding Only Action | $650,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $600,000 | |
| Exercise an Option | $0 | |
| Funding Only Action | $250,000 | |
| Funding Only Action | $150,000 | |
| Original award | $500,000 |
Show all 14
About this award
The Federal Trade Commission awarded a definitive contract to Global Economics Group, LLC for expert services on November 15, 2022, with a ceiling value of $6,690,727.95 under time and materials pricing and no set-aside.
Place of performance is Chicago, IL. The contract's ultimate completion date is May 14, 2026. Global Economics Group provides independent economic analysis and expert witness services across antitrust, competition policy, financial regulation, and related domains to support the FTC's enforcement and investigative mandates.
Quick answers
Who was awarded contract 29FTC123C0004?
29FTC123C0004 was awarded to Global Economics Group, LLC by Federal Trade Commission on November 15, 2022.
How much is contract 29FTC123C0004 worth?
The government has obligated $3,153,104 on 29FTC123C0004. Its current value, with exercised options, is $3,553,104. Its potential value, with all options, is $6,690,728.
Was contract 29FTC123C0004 competed?
The extent of competition for 29FTC123C0004 was full and open competition after exclusion of sources. The government received 2 offers.
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