To procure the PNC midland loan services and administration of loans and foreign currency transactions in the base year 2015 to 2016

Ended Definitive Contract Awarded Last action

Contract number
AIDOAAC1500084
Awardee
Awarding agency
Obligated
$9,496,277

Award facts

Contract value 91% obligated
$10,431,886.67 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Negotiated Proposal / Quote
Pricing
Other
Place of performance
Bethesda, MD 20814, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action 20 · This contract piid U.S. Aid AIDOAAC1500084 has hereby been replaced by the U.S. International development finance corporation piid 77344420C0003. All other… $0
Transfer Action 19 $0
Funding Only Action 18 · The purpose of this modification is to execute an administrative revision to award ceiling decreasing the ceiling in the amount of $162,403.19 from… $116,970
Exercise an Option 17 · 1. The purpose of this modification is to exercise option number 4. $350,859
Funding Only Action 16 · 1. The purpose of this modification is to incrementally fund the award by $743,967.92. Therefore, the total obligated amount is increased from $8,284,479.62… $743,968
Funding Only Action 15 · The purpose of this modification is to incrementally fund the award by $447,739.35. Therefore, the total obligated amount is increased from $7,836,740.27 by… $447,739
Funding Only Action 14 · The purpose of this modification #14 is to incrementally fund the contract in the amount of $149,246.45. Therefore, the obligated amount is increased from… $149,246
Exercise an Option 13 · The purposes of this modification are to 1) exercise option year three; 2) extend the end date; 3) increase the TEC; and 4) incrementally fund the contract. $450,000
Funding Only Action 12 $934,960
Funding Only Action 11 $467,480
Exercise an Option 10 $467,480
Other Administrative Action 9 · The purpose of this modification is to incrementally fund the contract in the amount of $380,300, to extend the period of performance to november 6, 2017.… $380,301
Supplemental Agreement for work within scope 8 · The purpose of this modification is to extend the period of performance of option year one by 30 days and incrementally fund and increase the TEC by $190,150 to… $190,150
Funding Only Action 7 $380,295
Funding Only Action 6 · Note to COR: PNC midland invoice NBR located under transaction form/reference and scroll to your right. Crosswalk USAID invoice NBR to pinpoint PNC midland… $190,150
Funding Only Action 5 $570,449
Funding Only Action 4 $570,449
Funding Only Action 3 · 1. The purpose of this modification is to incrementally fund the contract in the amount of $570,448.00. 2. All other terms and conditions remain the same. $570,448
Exercise an Option 2 · 1. The purpose of this modification is to exercise option year 1 for PNC midland contract. 2. All other terms and conditions remain unchanged. $0
Funding Only Action 1 · 1. The purpose of this modification is to obligate funding in the amount of $515,332.60. As a result of this modification the obligated amount is increased by… $515,333
Original award $2,000,000
Show all 21

About this award

Written by GovTribe AI ·

This is a definitive contract awarded by the International Development Finance Corporation (IDFC) to the National Association PNC Bank, Midland Loan Services Division (Midland Loan Services), to provide loan services and administration of loans and foreign currency transactions. The contract has a ceiling value of $10,431,886.67 and covers the base year from 2015 to 2016, with a final completion date of November 6, 2020. Midland Loan Services is a child company of PNC Financial Services Group and has previously provided collateral agent services to the Department of Energy's Office of Loan Programs. This contract is not designated as a set-aside.

Quick answers

Who was awarded contract AIDOAAC1500084?

AIDOAAC1500084 was awarded to National Association PNC Bank by International Development Finance Corporation on August 7, 2015.

How much is contract AIDOAAC1500084 worth?

The government has obligated $9,496,277 on AIDOAAC1500084. Its current value, with exercised options, is $10,431,887.

Was contract AIDOAAC1500084 competed?

The extent of competition for AIDOAAC1500084 was full and open competition. The government received 1 offer.

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
Try for free Login