The activity purpose is to catalyze the social and economic potential of BIH diaspora. More active engagement of diaspora individuals and business communities is crucial for bihs development.

Ended Definitive Contract Awarded Last action

Contract number
72016822C00001
Awardee
Awarding agency
Obligated
$9,872,838

Award facts

Opportunity
Contract value 63% obligated
$15,691,347.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Negotiated Proposal / Quote
Pricing
Cost Plus Fixed Fee
Place of performance
Bosnia and Herzegovina
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00005 · Diaspora invest 2 activity: termination for convenience $0
Terminate for Convenience P00004 · Diaspora invest 2 activity: the activity purpose is to catalyze the social and economic potential of BIH diaspora. More active engagement of diaspora… $0
Funding Only Action P00003 · Diaspora invest 2 activity. The purpose of this modification $3,363,903
Funding Only Action P00002 · Diaspora invest 2 activity $1,499,279
Supplemental Agreement for work within scope P00001 $500,000
Original award $4,509,656

About this award

Written by GovTribe AI ·

USAID, through the US Mission in Bosnia-Herzegovina, awarded a $15.7 million definitive contract to Financial Markets International, Inc. on September 26, 2022, to catalyze diaspora investment and economic development in Bosnia and Herzegovina. The contract was terminated for convenience on February 12, 2025.

The originating pre-solicitation, posted March 16, 2022, sought an indefinite delivery indefinite quantity contract to strengthen local government engagement of diaspora for economic development, expand direct investment to early-stage SMEs linked to diaspora communities, and stimulate business change through diaspora knowledge transfer. The activity targeted approximately $10 million in private capital flows to SMEs and startups over two to three years.

Place of performance is Bosnia and Herzegovina. The contract operates on a cost-plus-fixed-fee pricing model.

Government Service Contract Inventory reporting shows actual invoiced labor of $621 thousand in FY2023 (13.2 FTEs, 27,381 contractor hours at $22.69/hr) and $768 thousand in FY2024 (15.1 FTEs, 31,318 contractor hours at $24.53/hr), reflecting a rising hourly rate trend. In FY2024, the prime self-performed all reported hours with no subcontractor engagement.

Subcontractors included Americka Trgovacka Komora U BIH, which executed the #WelcomeBack Summer Internship Program task order in December 2023, and Enova D.O.O. Sarajevo, which supported diaspora mapping activities across partner local government units beginning in November 2023. Additional sub-awards funded equipment procurement and co-financing for SME production expansion and employment generation.

Subawards

Subcontractor Amount Awarded
Subcontractor not on record DIASPORA INVEST 2 ACTIVITY. THE PURPOSE OF THIS MODIFICATION Subcontractor is providing transaction advisory services to Project beneficiary companies. $31,886
Americka Trgovacka Komora U BIH DIASPORA INVEST 2 ACTIVITY Task Order for the Implementation of #WelcomeBack Summer Internship Program $36,155
Subcontractor not on record DIASPORA INVEST 2 ACTIVITY The purpose of the grant is to support is to enhance the applicant’s present production capacities by cost sharing the… $38,264
Subcontractor not on record DIASPORA INVEST 2 ACTIVITY The purpose of the grant is to support of the assistance is tasked with enhancing the applicant’s present production… $36,842
Subcontractor not on record DIASPORA INVEST 2 ACTIVITY The purpose of this Grant Agreement is to provide support for program activities specifically in the areas of equipment procurement… $38,826
Subcontractor not on record DIASPORA INVEST 2 ACTIVITY Under the direction of USAID DI project, Represent Communications will create and implement a promotional campaign to garner… $81,143
Enova D.O.O. Sarajevo DIASPORA INVEST 2 ACTIVITY Under the direction of USAID DI project, the Enova will support diaspora mapping activities within 30 partner LGUs, namely: i) 23… $56,543

Quick answers

Who was awarded contract 72016822C00001?

72016822C00001 was awarded to Financial Markets International, Inc. by US Mission in Bosnia-Herzegovina (Overseas Missions) on September 26, 2022.

How much is contract 72016822C00001 worth?

The government has obligated $9,872,838 on 72016822C00001. Its current value, with exercised options, is $15,691,347.

Was contract 72016822C00001 competed?

The extent of competition for 72016822C00001 was full and open competition. The government received 2 offers.

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