Financial advisory services for loan 1440

Ended Definitive Contract Awarded Last action

Contract number
89303024CLP000078
Awardee
Awarding agency
Obligated
$94,994

Award facts

Contract value 100% obligated
$94,994.00 Current and potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Contracting staff
Funding agency
Office of Loan Programs Department of Energy
NAICS code
561990 All Other Support Services
Set-aside
No set-aside
Competition
Full and Open Competition · 3 offers Negotiated Proposal / Quote
Pricing
Labor Hours
Place of performance
Washington, DC 20585, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00001 · The purpose for this modification is to deobligate funding in the amount of $205,050.00. -$205,050
Original award $300,044

About this award

This is a contract award to FTI Consulting, Inc., a global business advisory firm, by the U.S. Department of Energy's Office of Loan Programs. The purpose of this $94,994.00 definitive contract is to provide financial advisory services related to "Loan 1440." The contract is a labor-hour type with an ultimate completion date of December 3, 2025. This award is not associated with any set-aside program. The contract was awarded on December 8, 2023 and represents a deobligation of $205,050.00 in previously obligated funding. FTI Consulting, Inc. holds a $4 million single-award Indefinite Delivery Contract (IDC) with the Department of Energy's Office of Loan Programs, which provides legal services for managing distressed assets within the agency's Title XVII loan guarantee portfolio.

Quick answers

Who was awarded contract 89303024CLP000078?

89303024CLP000078 was awarded to FTI Consulting, Inc. by Headquarters (Department of Energy) on December 8, 2023.

How much is contract 89303024CLP000078 worth?

The government has obligated $94,994 on 89303024CLP000078.

Which agency awarded contract 89303024CLP000078?

Headquarters (Department of Energy) awarded 89303024CLP000078, with funding from Office of Loan Programs (Department of Energy).

Was contract 89303024CLP000078 competed?

The extent of competition for 89303024CLP000078 was full and open competition. The government received 3 offers.

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