Outside counsel for loan 1424 rscap DE-RS01-00088
Active Definitive Contract Awarded Last action
- Contract number
- 89303023CLP000046
- Awardee
-
Allen & Overy LLP UEI H8S5G2QLJDB8
- Awarding agency
-
Headquarters
Department of Energy
- Obligated
- $1,157,479
Award facts
- Opportunity
-
- DERS0100088 Solicitation number
- Contract value 100% obligated
- $1,157,478.67 Current and potential, with all options
- Completion date 76% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Office of Loan Programs Department of Energy
- NAICS code
- 541199 All Other Legal Services
- PSC
- R418 Support- Professional: Legal
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 2 offers Negotiated Proposal / Quote
- Pricing
- Labor Hours
- Place of performance
- Washington, DC 20585, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$24,921 | |
| Original award | $1,182,400 |
About this award
The Department of Energy's Office of Loan Programs awarded a definitive contract to Allen & Overy LLP for outside counsel services supporting Loan 1424 RSCAP DE-RS01-00088 on November 16, 2022, with a ceiling value of $1,157,478.67.
Place of performance is Washington, DC. The contract is priced on a labor-hours basis with an ultimate completion date of December 31, 2027. Through fiscal year 2024, Allen & Overy LLP invoiced $1.287 million across 2,454 contractor hours. The derived government-paid hourly rate declined from $684.12 per hour in FY2023 to $218.27 per hour in FY2024, reflecting a year-over-year decrease in labor intensity. The most recent reported fiscal year shows 0.4 FTEs and 859 contractor hours. The firm self-performed all reported work without subcontractor engagement.
Quick answers
Who was awarded contract 89303023CLP000046?
89303023CLP000046 was awarded to Allen & Overy LLP by Headquarters (Department of Energy) on November 16, 2022.
How much is contract 89303023CLP000046 worth?
The government has obligated $1,157,479 on 89303023CLP000046.
Which agency awarded contract 89303023CLP000046?
Headquarters (Department of Energy) awarded 89303023CLP000046, with funding from Office of Loan Programs (Department of Energy).
Was contract 89303023CLP000046 competed?
The extent of competition for 89303023CLP000046 was full and open competition. The government received 2 offers.
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