Oracle federal financials (off)/prism federal retirement thrift investment board (FRTIB) financial, procurement and asset management shared services implementation.

Ended Awarded Last action

Contract number
140D7020F0050
Awardee
Awarding agency
Obligated
$2,090,407

Award facts

Contract value 95% obligated
  • $2,090,406.59 Current, with exercised options
  • $2,203,993.79 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of Policy Management and Budget Departmental Offices, Department of the Interior
Set-aside
No set-aside
Competition
Full and Open Competition after exclusion of sources · 3 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Herndon, VA 20170, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00008 $0
Funding Only Action P00007 -$11,553
Funding Only Action P00006 -$12,136
Supplemental Agreement for work within scope P00005 · MOD 5: exercise task 4, optional item 3 and change CO MOD 4: exercise option task three, optional item 2, change name of COR & change name of CO MOD 3: add… $136,354
Funding Only Action P00004 · Modification P00004. Exercise option task three, optional item 2, change name of COR & change name of CO MOD 3: add far clause 52.223-99 - covid-19 safety… $121,421
Supplemental Agreement for work within scope P00003 · 11/12/2022 to 08/17/2021 - 02/16/2022. MOD 1: M $0
Supplemental Agreement for work within scope P00002 · MOD 2: government directed schedule change W/delta quote. The performance date is hereby changed from (includes on boarding) 08/17/2021 - 11/12/2022 to… $371,241
Other Administrative Action P00001 · MOD 1: modification P00001 - change CO, remove alternate CO, incorporate far clause 52.204-25. Base award: oracle federal financials (off)/prism federal… $0
Original award $1,485,080

About this award

I360Technologies Inc. was awarded a $2.2 million firm fixed price delivery order against the Oracle Federal Financial System Support 2018 master IDIQ contract by the Department of the Interior Departmental Offices Office of Policy Management and Budget. The delivery order is for implementation of Oracle Federal Financials and PRISM Federal shared financial, procurement, and asset management services for the Federal Retirement Thrift Investment Board. Performance will take place in Herndon, Virginia over a two year period concluding in August 2022. No set aside designation or major subcontractors were indicated. The contract aims to provide the Board, which oversees the Thrift Savings Plan retirement savings and investment program for federal employees, with Oracle-based financial management and procurement functionality.

Quick answers

Who was awarded contract 140D7020F0050?

140D7020F0050 was awarded to I360Technologies Inc. by Interior Business Center (Office of Policy Management and Budget) on August 17, 2020.

How much is contract 140D7020F0050 worth?

The government has obligated $2,090,407 on 140D7020F0050. Its potential value, with all options, is $2,203,994.

Which agency awarded contract 140D7020F0050?

Interior Business Center (Office of Policy Management and Budget) awarded 140D7020F0050, with funding from Office of Policy Management and Budget (Departmental Offices).

Is contract 140D7020F0050 an order under another contract?

Yes. 140D7020F0050 is a delivery order under 140D0419D0002, an indefinite delivery contract, on Oracle Federal Financial System Support 2018.

Was contract 140D7020F0050 competed?

The extent of competition for 140D7020F0050 was full and open competition after exclusion of sources. The government received 3 offers.

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