Grant accrual support services which will support the office of budget and policy (TBP) at the federal transit administration (FTA).
Ended Definitive Contract Awarded Last action
- Contract number
- 69319520C000002
- Awardee
-
JT Goldstein LLC UEI EJN8HV8NM5J5
- Awarding agency
-
Federal Transit Administration
Department of Transportation
- Obligated
- $1,487,296
Award facts
- Opportunity
-
- Request for Information (RFI): FTA Grant Accrual Support Pre-Solicitation · 6931952R000001 · Posted Jul 29, 2019
- Grant accrual support services Award Notice · Posted Apr 16, 2020
- Contract value 100% obligated
- $1,487,295.79 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- NAICS code
- 541219 Other Accounting Services
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 7 offers Negotiated Proposal / Quote
- Pricing
- Labor Hours
- Place of performance
- Philadelphia, PA 19103, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $312,335 | |
| Exercise an Option | $304,717 | |
| Exercise an Option | $297,289 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $290,018 | |
| Original award | $282,937 |
About this award
JT Goldstein LLC was awarded a $1.49M labor-hour definitive contract by the Federal Transit Administration (FTA) to provide grant accrual support services to the Office of Budget and Policy. The contract, which originated from a pre-solicitation notice posted in July 2019, supports the FTA's financial management operations through monthly grant accrual estimate assessments, quarterly accrual balance validations, and assistance with financial reporting and annual audit activities. The work is performed in Philadelphia, Pennsylvania, and carries a total small business set-aside designation. The contract was originally awarded on April 12, 2020, with an ultimate completion date of April 11, 2025, reflecting a five-year performance period consisting of a 12-month base period and four 12-month option periods.
This modification to the contract involves a change in the Contracting Officer and does not alter the fundamental scope or value of the award. The FTA, a component of the U.S. Department of Transportation, provides these grant accrual services as part of its broader mandate to support the nation's public transportation systems. The engagement of a small business contractor underscores the FTA's commitment to incorporating small business participation in its administrative and financial operations, enabling the agency to leverage specialized expertise in grant financial management while supporting small business economic participation.
Quick answers
Who was awarded contract 69319520C000002?
69319520C000002 was awarded to JT Goldstein LLC by Federal Transit Administration (Department of Transportation) on April 12, 2020.
How much is contract 69319520C000002 worth?
The government has obligated $1,487,296 on 69319520C000002.
Was contract 69319520C000002 competed?
The extent of competition for 69319520C000002 was full and open competition after exclusion of sources. The government received 7 offers. It was set aside: Total Small Business.
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