PSC ODC senior investment director climate solutions
Ended Definitive Contract Awarded Last action
- Contract number
- 77344423C0027
- Awardee
-
Chao Zhang UEI FKKLVTPKNLZ1
- Awarding agency
- International Development Finance Corporation
- Obligated
- $321,413
Award facts
- Opportunity
-
- 77344423Q0049 Solicitation number
- Contract value 46% obligated
- $706,305.69 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20527, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$50,280 | |
| Terminate for Convenience | $0 | |
| Funding Only Action | $15,000 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $14,626 | |
| Other Administrative Action | $0 | |
| Original award | $342,067 |
About this award
This federal contract modification represents a closeout action for a Senior Investment Director position focused on climate solutions, awarded to Chao Zhang (UEI: FKKLVTPKNLZ1) by the International Development Finance Corporation (DFC), a civilian agency. The contract, which was originally awarded on July 10, 2023, as a definitive firm fixed-price contract with a ceiling value of $706,305.69, is being closed in accordance with Federal Acquisition Regulation 4.804-5. The modification de-obligates unused funds across multiple contract line items, including reductions of $40,515.10 from CLIN 1001, $783.91 from CLIN 1002, and additional decreases to CLIN 1003 and CLIN 5001. The contract was performed in Washington, DC and carries an ultimate completion date of May 15, 2025.
No set-aside designation was used for this procurement. The contract supported DFC's climate solutions initiatives through a senior-level investment director role, aligning with the agency's mandate to mobilize private capital for development projects, including those with climate and environmental benefits. The de-obligation of remaining funds indicates that the contractor's work under this engagement has been substantially completed, with the closeout action finalizing the government's financial commitment and concluding the contract administration process.
Quick answers
Who was awarded contract 77344423C0027?
77344423C0027 was awarded to Chao Zhang by International Development Finance Corporation on July 10, 2023.
How much is contract 77344423C0027 worth?
The government has obligated $321,413 on 77344423C0027. Its current value, with exercised options, is $706,306.
Was contract 77344423C0027 competed?
The extent of competition for 77344423C0027 was full and open competition. The government received 3 offers.
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