Task order for the factt system. (financial assurance compliance tracking tool)

Ended Awarded Last action

Contract number
68HE0522F0161
Awardee
Awarding agency
Obligated
$299,675

Award facts

Contract value 100% obligated
$299,674.64 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 · 2 offers Multiple Award, Fair Opportunity
Pricing
Time and Materials
Place of performance
Cambridge, MA 02140, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00009 · Deobligate excess funds from the task order in the amount of $33,717.25 close task order -$33,717
Supplemental Agreement for work within scope P00008 · Deobligate excess funds from line item 1001 in the amount of $101,012.90 -$101,013
Exercise an Option P00007 · Exercise option period 2 $100,000
Other Administrative Action P00006 · The purpose of modification P6, is to change the task order contracting officer representative (tocor) $0
Supplemental Agreement for work within scope P00005 · Deobligate funds from the base year in the amount of $41,168.21 -$41,168
Other Administrative Action P00004 · Appoint lisa blum as the tocor $0
Exercise an Option P00003 · Exercise option period 1, line item 1001 $184,452
Other Administrative Action P00002 · Appoint invoice approver add payment terms of NET30 $0
Other Administrative Action P00001 · System correction. Action coded as payment by credit card. Payment should be by RTP. $0
Original award $191,121

About this award

Written by GovTribe AI ·

This delivery order, awarded September 29, 2022, to Industrial Economics Inc. (IEC) for the Financial Assurance Compliance Tracking Tool (FACTT) System represents a time-and-materials engagement with a ceiling value of $299,674.64. The task order, funded by EPA Region 5, supports compliance tracking and financial assurance functions within the Environmental Protection Agency's regulatory framework. As of the award documentation, the government deobligated excess funds totaling $33,717.25 and closed the task order, with an ultimate completion date of September 29, 2025. The work is being performed in Cambridge, Massachusetts, where IEC maintains its headquarters.

IEC, an environmental consulting firm with over 30 years of experience, was selected without a set-aside designation, demonstrating its competitive standing for open contract competitions. The firm maintains significant blanket purchase agreements across multiple federal agencies, including a $39.8 million EPA agreement for economic and analytical support services. The award includes a subcontract to Paragon Corporation (Coreplus Construction Division) for professional support services, awarded October 24, 2024. This task order falls under IEC's existing Multiple Award Schedule (MAS) contract vehicle, enabling the agency to leverage established pricing and terms for compliance-related analytical and technical services.

Subawards

Subcontractor Amount Awarded
Paragon Corporation Task order for the factt system. (financial assurance compliance tracking tool) support- professional: other $135,700

Quick answers

Who was awarded contract 68HE0522F0161?

68HE0522F0161 was awarded to Industrial Economics Inc. by EPA Region 5 (Regional Offices) on September 29, 2022.

How much is contract 68HE0522F0161 worth?

The government has obligated $299,675 on 68HE0522F0161.

Is contract 68HE0522F0161 an order under another contract?

Yes. 68HE0522F0161 is a delivery order under 47QRAA20D0044, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 68HE0522F0161 competed?

The extent of competition for 68HE0522F0161 was full and open competition. The government received 2 offers.

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