Tip benefit disbursements (NTE)

Ended Definitive Contract Awarded Last action

Contract number
N0018924CZ107
Awardee
Awarding agency
Obligated
$20,864,109

Award facts

Contract value 24% obligated
  • $26,634,694.80 Current, with exercised options
  • $87,584,672.80 Potential, with all options
Completion date 100% complete
  • Current, with exercised options
  • Potential, with all options
Funding agency
Department of the Navy Department of Defense
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
Waltham, MA 02451, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00016 $1,712,570
Funding Only Action P00015 $1,274,673
Funding Only Action P00014 $160,649
Funding Only Action P00013 · Incrementally fund option period i. No changes to section c. $328,182
Funding Only Action P00012 $1,484,624
Funding Only Action P00011 $449,994
Funding Only Action P00010 $808,012
Exercise an Option P00009 $3,934,160
Funding Only Action P00008 $75,317
Funding Only Action P00007 $1,000,836
Funding Only Action P00006 · Tip benefit disbursements (NTE) funding action. $84,000
Other Administrative Action P00005 $0
Funding Only Action P00004 $2,566,064
Funding Only Action P00003 · Tip benefit disbursements (NTE) funding action. $3,248,576
Funding Only Action P00002 $1,464,783
Funding Only Action P00001 $0
Original award $2,271,669
Show all 17

About this award

Written by GovTribe AI ·

The Department of the Navy awarded a definitive contract to Edenred Benefits LLC for Transportation Incentive Program (TIP) benefit disbursement services on September 27, 2024, with a ceiling value of $87,584,672.80 under firm fixed-price terms, no set-aside.

The originating solicitation describes benefit distribution services for the Field Support Activity Transportation Incentive Program, which provides transit benefits to eligible military and civilian employees to offset mass transit commuting costs. Required services include multiple disbursement methods, 24-hour access to disbursement data, program and financial audit support, dedicated customer service, and integration with the TIP application system. The contract will support approximately 8,000 Department of the Navy employees located outside the National Capital Region. Place of performance is Waltham, MA. The period of performance runs one year (base) plus four 12-month options and one 6-month option, with ultimate completion by March 31, 2030. Edenred Benefits LLC is the incumbent contractor on this sole-source award.

Quick answers

Who was awarded contract N0018924CZ107?

N0018924CZ107 was awarded to Edenred Benefits LLC by Naval Supply Systems Command (Department of the Navy) on September 27, 2024.

How much is contract N0018924CZ107 worth?

The government has obligated $20,864,109 on N0018924CZ107. Its current value, with exercised options, is $26,634,695. Its potential value, with all options, is $87,584,673.

Which agency awarded contract N0018924CZ107?

Naval Supply Systems Command (Department of the Navy) awarded N0018924CZ107, with funding from Department of the Navy (Department of Defense).

Was contract N0018924CZ107 competed?

The extent of competition for N0018924CZ107 was not competed. The government received 1 offer.

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