Efocus

Active Definitive Contract Awarded Last action

Contract number
50310221C0078
Awardee
Awarding agency
Obligated
$7,007,916

Award facts

Opportunity
  • eFOCUS Special Notice · Posted Jun 8, 2020
  • eFOCUS Award Notice · Posted Sep 7, 2021
Contract value 68% obligated
  • $7,007,915.72 Current, with exercised options
  • $10,372,265.72 Potential, with all options
Completion date 56% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20549, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00020 $594,000
Supplemental Agreement for work within scope P00019 -$59,825
Exercise an Option P00018 $198,000
Supplemental Agreement for work within scope P00017 $268,000
Supplemental Agreement for work within scope P00016 $0
Funding Only Action P00015 $385,425
Supplemental Agreement for work within scope P00014 $0
Supplemental Agreement for work within scope P00013 $192,713
Supplemental Agreement for work within scope P00012 $192,713
Supplemental Agreement for work within scope P00011 $265,000
Supplemental Agreement for work within scope P00010 $371,675
Supplemental Agreement for work within scope P00009 $119,751
Exercise an Option P00008 $185,687
Supplemental Agreement for work within scope P00007 $170,000
Supplemental Agreement for work within scope P00006 -$79,877
Exercise an Option P00005 $701,600
Supplemental Agreement for work within scope P00004 -$65,846
Other Administrative Action P00003 $0
Supplemental Agreement for work within scope P00002 $1,529,350
Other Administrative Action P00001 $0
Original award $2,039,550
Show all 21

About this award

Written by GovTribe AI ·

The Securities and Exchange Commission awarded a $10.37 million definitive contract with firm fixed-price terms to the Financial Industry Regulatory Authority Inc. (FINRA) on August 11, 2021, with an ultimate completion date of December 31, 2030. The contract, titled EFOCUS, enables security-based swap dealers and major security-based swap participants—including both bank and non-bank entities—to file Form X-17A-5 FOCUS Reports (Parts II and IIC) through FINRA's existing eFOCUS electronic filing system. The contract includes transmission of filed data to the SEC and ongoing ancillary support services. The SEC determined that FINRA was the sole source capable of fulfilling these requirements, and no set-aside designation was applied to this award.

FINRA, the largest independent regulator of securities firms in the United States, brings significant expertise in regulatory technology and market regulation to this engagement. The company operates as a not-for-profit organization dedicated to investor protection and market integrity, and has an established track record delivering regulatory technology solutions to the SEC through multiple prime contracts. This contract leverages FINRA's existing regulatory infrastructure and systems to support the SEC's broader mandate of maintaining orderly and fair financial markets while facilitating compliance by security-based swap dealers and participants with SEC reporting requirements.

Quick answers

Who was awarded contract 50310221C0078?

50310221C0078 was awarded to Financial Industry Regulatory Authority Inc. by Securities and Exchange Commission on August 11, 2021.

How much is contract 50310221C0078 worth?

The government has obligated $7,007,916 on 50310221C0078. Its potential value, with all options, is $10,372,266.

Was contract 50310221C0078 competed?

The extent of competition for 50310221C0078 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