HUD seeks a contractor to provide advisory, technical assistance and services to initiate, research, analyze, establish, update and support PIH-reacs fass performance goals and objectives as…
Active Definitive Contract Awarded Last action
- Contract number
- 86614823C00001
- Awardee
-
The Joachim Group, Cpa's & Consultants, LLC UEI S5NWNMJW3593
- Awarding agency
-
Fort Worth Regional Office
Department of Housing and Urban Development
- Obligated
- $3,693,780
Award facts
- Opportunity
-
- 86614823R00002 Solicitation number
- Contract value 82% obligated
-
- $3,693,780.00 Current, with exercised options
- $4,489,759.55 Potential, with all options
- Completion date 64% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- Department of Housing and Urban Development
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- Set-aside
- 8(a) Sole Source
- Competition
- Not Available for Competition · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Alexandria, VA 22314, 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 | |
| Funding Only Action | $184,832 | |
| Exercise an Option | $772,396 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $934,337 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $912,011 | |
| Original award | $890,204 |
About this award
The Department of Housing and Urban Development awarded a $4.49 million definitive contract to The Joachim Group, Cpas & Consultants, LLC on August 21, 2023, under an 8(a) sole source set-aside.
The awardee is an 8(a) certified, HUBZone small business. The originating solicitation seeks advisory, technical assistance, and services to initiate, research, analyze, establish, update, and support PIH-REACS FASS performance goals and objectives as outlined in HUD's annual performance plan, incorporating FAR 52.222-90 quality assurance requirements for Financial Assessment Subsystems.
Place of performance is Alexandria, VA. The contract is firm fixed price with an ultimate completion date of August 20, 2028.
Service Contract Inventory reporting shows actual government-invoiced labor through fiscal year 2025. In FY2024, the contract generated $949 thousand invoiced across 2.1 FTEs and 4,289 contractor hours at a blended rate of $221.18 per hour. In FY2025, invoicing declined to $894 thousand across 2.2 FTEs and 4,662 contractor hours, with a derived rate of $191.68 per hour. The year-over-year trend reflects declining hourly rates. In FY2025, one subcontractor performed approximately 40 percent of contractor hours.
Description
HUD seeks a contractor to provide advisory, technical assistance and services to initiate, research, analyze, establish, update and support PIH-reacs fass performance goals and objectives as outlined in huds annual performance plan. The strategic OBJ
Quick answers
Who was awarded contract 86614823C00001?
86614823C00001 was awarded to The Joachim Group, Cpa's & Consultants, LLC by Fort Worth Regional Office (Department of Housing and Urban Development) on August 21, 2023.
How much is contract 86614823C00001 worth?
The government has obligated $3,693,780 on 86614823C00001. Its potential value, with all options, is $4,489,760.
Which agency awarded contract 86614823C00001?
Fort Worth Regional Office (Department of Housing and Urban Development) awarded 86614823C00001, with funding from Department of Housing and Urban Development.
Was contract 86614823C00001 competed?
The extent of competition for 86614823C00001 was not available for competition. The government received 1 offer. It was set aside: 8(a) Sole Source.
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