CFO/fiar sustainment
Ended Definitive Contract Awarded Last action
- Contract number
- FA877116C0008
- Awardee
-
Wealth Management Partners, LLC UEI NMEBDDB2KZW4
- Awarding agency
-
AFLCMC Maxwell AFB
Lifecycle Management Center, Department of Defense
- Obligated
- $3,222,179
Award facts
- Contract value 88% obligated
-
- $3,673,329.13 Current, with exercised options
- $3,673,329.14 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Air Force Materiel Command Air Force, Department of Defense
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R703 Support- Management: Accounting
- Set-aside
- No set-aside
- Competition
- Not Competed · 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Montgomery, AL 36104, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | -$4,029 | |
| Other Administrative Action | -$2,413 | |
| Change Order | $0 | |
| Exercise an Option | $11,000 | |
| Exercise an Option | $1,376,529 | |
| Funding Only Action | $9,362 | |
| Funding Only Action | $18,180 | |
| Funding Only Action | $4,141 | |
| Modification | $1,806,995 | |
| Original award | $0 |
About this award
This is a $3,673,329.14 firm-fixed-price contract awarded by the U.S. Air Force Materiel Command to Wealth Management Partners, LLC, a certified 8(a) program participant, minority-owned, small disadvantaged business. The contract is for financial improvement and audit remediation (FIAR) support services to assist the Air Force in addressing audit findings and improving financial processes under the Financial Improvement and Audit Readiness initiative. Wealth Management Partners has also received a $1 billion sole-source Blanket Purchase Agreement from the Federal Aviation Administration to provide wealth management services supporting the FAA's Employee Financial Assistance Service program. Additionally, the company holds two major federal contract Indefinite Delivery Vehicles: the $50 billion 8(a) STARS III Governmentwide Acquisition Contract for IT services, and the $1 billion FAA Blanket Purchase Agreement for wealth management services.
Quick answers
Who was awarded contract FA877116C0008?
FA877116C0008 was awarded to Wealth Management Partners, LLC by AFLCMC Maxwell AFB (Lifecycle Management Center) on September 12, 2016.
How much is contract FA877116C0008 worth?
The government has obligated $3,222,179 on FA877116C0008. Its current value, with exercised options, is $3,673,329. Its potential value, with all options, is $3,673,329.
Which agency awarded contract FA877116C0008?
AFLCMC Maxwell AFB (Lifecycle Management Center) awarded FA877116C0008, with funding from Air Force Materiel Command (Air Force).
Was contract FA877116C0008 competed?
The extent of competition for FA877116C0008 was not competed. The government received 1 offer.
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