Fincen internal controls

Ended Awarded Last action

Contract number
70Z02322F80000003
Awardee
Awarding agency
Obligated
$1,152,013

Award facts

Contract value 76% obligated
  • $1,152,012.91 Current, with exercised options
  • $1,525,327.87 Potential, with all options
Completion date 100% complete
Current and potential, with all options
NAICS code
541219 Other Accounting Services
Set-aside
Service-Disabled Veteran-Owned Small Business
Competition
Full and Open Competition after exclusion of sources · 4 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Chesapeake, VA 23326, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00009 · The purpose of this bilateral modification is to: $0
Funding Only Action P00008 $130,576
Supplemental Agreement for work within scope P00007 $0
Supplemental Agreement for work within scope P00006 · The purpose of this modification is to: $32,636
Supplemental Agreement for work within scope P00005 · The purpose of this modification is to: 1.extend the period of performance for the current option period. $32,636
Other Administrative Action P00004 · The purpose of this modification is to update the period of performance end date from 31 december 2024 to 30 june 2026. $0
Funding Only Action P00003 · CAF reduction effective JAN 1, 2024 and exercise of option period three $391,439
Exercise an Option P00002 $382,631
Original award $182,096

About this award

The Coast Guard issued a delivery order to ITC Federal, LLC, a Service-Disabled Veteran-Owned Small Business, on July 1, 2022, under the OASIS SB (One Acquisition Solution for Integrated Services – Small Business) IDIQ for FinCEN internal controls support. The order carries a ceiling value of $1,525,327.87 and is firm fixed price.

OASIS SB is a small business set-aside indefinite-delivery contract vehicle providing integrated administrative and IT services across federal agencies. Place of performance is Chesapeake, VA. The ultimate completion date was December 31, 2023; a bilateral modification extended the period of performance for administrative purposes to allow payment processing and closeout activities per FAR 4.804.

Service Contract Inventory data shows ITC Federal invoiced $91 thousand in FY2022 (0.6 FTEs, 1,200 contractor hours) and $380 thousand in FY2024 (2.4 FTEs, 5,082 contractor hours) on this order. Derived government-paid hourly rates held flat across both years at approximately $75/hr. The prime self-performed all reported hours with no subcontractors engaged.

Quick answers

Who was awarded contract 70Z02322F80000003?

70Z02322F80000003 was awarded to ITC Federal, LLC by Coast Guard (Department of Homeland Security) on July 1, 2022.

How much is contract 70Z02322F80000003 worth?

The government has obligated $1,152,013 on 70Z02322F80000003. Its potential value, with all options, is $1,525,328.

Is contract 70Z02322F80000003 an order under another contract?

Yes. 70Z02322F80000003 is a delivery order under 47QRAD18D000M, an indefinite delivery contract, on One Acquisition Solution for Integrated Services - Small Business (OASIS SB).

Was contract 70Z02322F80000003 competed?

The extent of competition for 70Z02322F80000003 was full and open competition after exclusion of sources. The government received 4 offers. It was set aside: Service-Disabled Veteran-Owned Small Business.

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