The independent validation & verification (IV & V) of SBA's credit subsidy models -- new effort, recompete

Ended Definitive Contract Awarded Last action

Contract number
73351022C0017
Awardee
Awarding agency
Obligated
$558,496

Award facts

Contract value 75% obligated
  • $558,495.76 Current, with exercised options
  • $742,900.42 Potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
541219 Other Accounting Services
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20416, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00006 · The purpose of this modification P00006 is to administratively closeout this E-contractin accordance with IAW far part 4.804-5 and agency procedures. All… $0
Exercise an Option P00005 $184,405
Other Administrative Action P00004 $0
Exercise an Option P00003 $180,435
Funding Only Action P00002 $193,656
Funding Only Action P00001 -$50,668
Original award $50,668

About this award

Written by GovTribe AI ·

The U.S. Small Business Administration (SBA) awarded a $742,900.42 Firm Fixed Price contract to Nuvologic Consulting Inc., a minority-owned, woman-owned small business, for the Independent Validation & Verification (IV&V) of SBA's Credit Subsidy Models. This is a new effort, a recompete contract that will run through January 31, 2025. Nuvologic Consulting is an SBA-certified 8(a) Program Participant specializing in financial modeling, data analysis, and IV&V services for federal agencies. The company has secured significant prior federal contracts with the Department of Housing and Urban Development (HUD) and SBA, including services related to loan programs, data analysis, and technology management. This contract is not set aside and is funded directly by the SBA.

Quick answers

Who was awarded contract 73351022C0017?

73351022C0017 was awarded to Nuvologic Consulting Inc. by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on June 24, 2022.

How much is contract 73351022C0017 worth?

The government has obligated $558,496 on 73351022C0017. Its potential value, with all options, is $742,900.

Was contract 73351022C0017 competed?

The extent of competition for 73351022C0017 was not competed. The government received 1 offer.

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