Financial advisor; rscap DE-RS03-00067; loan # 1408. Funding amount is for work areas 1-4. $214,640.00, under the aforementioned rscap plus pro rata share of other direct charges, $2,171.37PO

Ended Definitive Contract Awarded Last action

Contract number
89303024CLP000088
Awardee
Awarding agency
Obligated
$346,199

Award facts

Contract value 100% obligated
$346,198.56 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of Loan Programs Department of Energy
Set-aside
No set-aside
Competition
Full and Open Competition after exclusion of sources · 5 offers Alternative Sources
Pricing
Labor Hours
Place of performance
Westport, CT 06880, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00001 · Financial advisor; rscap DE-RS03-00067; loan # 1408. Increasing funding for work areas 1-4 by $129,387.19 and increasing total funding amount for work areas 1-4… $129,387
Original award $216,811

About this award

This federal contract award to Development Capital & Financing, LLC, a minority-owned small disadvantaged business, was issued by the U.S. Department of Energy's Office of Loan Programs. The $214,640.00 contract, with a potential total value of $346,198.56, is for the provision of financial advisory services related to the Rural Small Community Assistance Program (RSCAP) and other Department of Energy loan and project initiatives. The contract is a definitive, labor hours-based agreement with a period of performance through December 28, 2025. While the awardee qualifies as a small disadvantaged business, this contract did not utilize a small business set-aside. The work is to be performed primarily in Westport, Connecticut.

Quick answers

Who was awarded contract 89303024CLP000088?

89303024CLP000088 was awarded to Development Capital & Financing, LLC by Headquarters (Department of Energy) on January 3, 2024.

How much is contract 89303024CLP000088 worth?

The government has obligated $346,199 on 89303024CLP000088.

Which agency awarded contract 89303024CLP000088?

Headquarters (Department of Energy) awarded 89303024CLP000088, with funding from Office of Loan Programs (Department of Energy).

Was contract 89303024CLP000088 competed?

The extent of competition for 89303024CLP000088 was full and open competition after exclusion of sources. The government received 5 offers.

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