The purpose of the caribbean resilient economies and sectors activity is to reduce constraints to climate and disaster finance and increase investments in climate and disaster resilience across…

Ended Definitive Contract Awarded Last action

Contract number
72053824C00001
Awardee
Awarding agency
Obligated
$3,088,685

Award facts

Contract value 16% obligated
$19,899,302.82 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 9 offers Negotiated Proposal / Quote
Pricing
Cost Plus Fixed Fee
Place of performance
Barbados

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Terminate for Convenience P00003 · Notice of termination for convenience $0
Funding Only Action P00002 · To incrementally fund the award in the amount of $2,088,685.00, from $1,000,000.00 to $3,088,685.00. $2,088,685
Other Administrative Action P00001 · The purpose of this modification is to clarify the delivery due date for the plans, reports, tasks, and deliverables of the contract. $0
Original award $1,000,000

About this award

Written by GovTribe AI ·

This is a $19,899,302.82 definitive, cost-plus-fixed-fee contract awarded by the U.S. Agency for International Development (USAID) to ABT Global LLC, a subsidiary of ABT Associates Inc. The purpose of the "Caribbean Resilient Economies and Sectors Activity" is to reduce constraints to climate and disaster finance and increase investments in climate and disaster resilience across economic sectors in 11 countries in the Eastern and Southern Caribbean region. The contract does not have a set-aside designation.

The contract has two major subcontractors: CPSO will support activity implementation, and Willis North America Inc. will provide specialized capabilities to complement ABT Global's work. The overall contract seeks to: 1) increase public sector capacity to develop financial instruments for climate/disaster risk management and green investments; 2) improve private sector investment in resilience approaches and technologies; and 3) establish partnerships for resilience-building actions. This contract supports USAID's efforts to promote economic resilience and climate adaptation in the Caribbean region.

Description

As the agency reported it.

The purpose of the caribbean resilient economies and sectors activity is to reduce constraints to climate and disaster finance and increase investments in climate and disaster resilience across economic sectors.

Subawards

Subcontractor Amount Awarded
Subcontractor not on record TO INCREMENTALLY FUND THE AWARD IN THE AMOUNT OF $2,088,685.00, FROM $1,000,000.00 TO $3,088,685.00. CPSO will support and provide vital management for… $1,575,408
Willis North America Inc. TO INCREMENTALLY FUND THE AWARD IN THE AMOUNT OF $2,088,685.00, FROM $1,000,000.00 TO $3,088,685.00. We have solicited WTW as our subcontractor for the RESET… $950,000

Quick answers

Who was awarded contract 72053824C00001?

72053824C00001 was awarded to ABT Global LLC by US Mission in Barbados (Overseas Missions) on December 27, 2023.

How much is contract 72053824C00001 worth?

The government has obligated $3,088,685 on 72053824C00001. Its current value, with exercised options, is $19,899,303.

Was contract 72053824C00001 competed?

The extent of competition for 72053824C00001 was full and open competition. The government received 9 offers.

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