Exercise option period 3, clin 0007 and update the SOW
Active Awarded Last action
- Contract number
- 75FCMC23F0037
- Awardee
-
Reed & Associates, Cpas, Inc. UEI U4XSQTM8LN36
- Awarding agency
-
Centers for Medicare and Medicaid Services
Department of Health and Human Services
- Obligated
- $16,484,377
Award facts
- Contract value 79% obligated
-
- $16,484,376.88 Current, with exercised options
- $20,769,274.84 Potential, with all options
- Completion date 66% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 541211 Offices of Certified Public Accountants
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Manassas, VA 20110, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $4,035,292 | |
| Exercise an Option | $93,602 | |
| Exercise an Option | $4,035,292 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $4,160,095 | |
| Other Administrative Action | $0 | |
| Original award | $4,160,095 |
About this award
The Centers for Medicare and Medicaid Services issued a delivery order to Reed & Associates, CPAs, Inc., a woman-owned small business, on July 3, 2023, under the GSA Multiple Award Schedule for retroactive processing and payment validation work, with a ceiling value of $20.8 million and an ultimate completion date of July 2, 2028.
Place of performance is Manassas, VA. The order exercises option period 3 and updates the statement of work under a firm fixed-price structure. No set-aside applies beyond the MAS vehicle itself.
Government invoicing through fiscal year 2024 reflects a labor footprint of 17.1 FTEs and 35,622 contractor hours, with Reed & Associates self-performing all work. Derived hourly rates held roughly flat at approximately $117–$119 per hour across FY2023 and FY2024, with $4.2 million invoiced in FY2024 against $1 million in FY2023.
Quick answers
Who was awarded contract 75FCMC23F0037?
75FCMC23F0037 was awarded to Reed & Associates, Cpas, Inc. by Centers for Medicare and Medicaid Services (Department of Health and Human Services) on July 3, 2023.
How much is contract 75FCMC23F0037 worth?
The government has obligated $16,484,377 on 75FCMC23F0037. Its potential value, with all options, is $20,769,275.
Is contract 75FCMC23F0037 an order under another contract?
Yes. 75FCMC23F0037 is a delivery order under 47QRAA22D00AP, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 75FCMC23F0037 competed?
The extent of competition for 75FCMC23F0037 was full and open competition. The government received 3 offers.
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