Estimating the fiscal spending and profit impacts of offshore oil and gas activities

Ended Definitive Contract Awarded Last action

Contract number
INM17PC00016
Awardee
Awarding agency
Obligated
$413,269

Award facts

Opportunity
Contract value 100% obligated
$413,268.61 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 · 6 offers Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Cambridge, MA 02140, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00007 -$3,725
Other Administrative Action P00006 $0
Additional Work (new agreement, FAR part 6 applies) P00005 $16,996
Other Administrative Action P00004 $0
Other Administrative Action P00003 $0
Supplemental Agreement for work within scope P00002 $0
Original award $399,997

About this award

This is a definitive contract awarded by the Department of the Interior Bureau of Ocean Energy Management to the prime contractor, Industrial Economics Inc. (IEC), a for-profit environmental consulting firm. The contract is for the service of "ESTIMATING THE FISCAL SPENDING AND PROFIT IMPACTS OF OFFSHORE OIL AND GAS ACTIVITIES" and has a firm fixed price of $413,268.61. The contract does not have a set-aside designation. IEC has previously performed work as a prime contractor for federal agencies such as the EPA, DOJ, and CPSC, providing services including expert testimony, economic analysis, and environmental assessments. IEC holds several Indefinite Delivery/Indefinite Quantity (IDIQ) contract vehicles with agencies like the Bureau of Ocean Energy Management and EPA to provide specialized environmental economics services over multi-year periods of performance.

Quick answers

Who was awarded contract INM17PC00016?

INM17PC00016 was awarded to Industrial Economics Inc. by Bureau of Ocean Energy Management (Department of the Interior) on September 27, 2017.

How much is contract INM17PC00016 worth?

The government has obligated $413,269 on INM17PC00016.

Was contract INM17PC00016 competed?

The extent of competition for INM17PC00016 was full and open competition. The government received 6 offers.

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