Chips review and administration follow on
Ended Awarded Last action
- Contract number
- 77344424F0183
- Awardee
-
Summit Consulting LLC UEI FNYSF7X4ELS5
- Awarding agency
- International Development Finance Corporation
- Obligated
- $6,309,722
Award facts
- Contract value 73% obligated
-
- $6,309,722.14 Current, with exercised options
- $8,633,795.64 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541519 Other Computer Related Services
- PSC
- R710 Support- Management: Financial
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Place of performance
- Washington, DC 20527, USA
- Legislative mandates
-
- Clinger-Cohen Act FAR part 39
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $2,056,621 | |
| Change Order | $0 | |
| Change Order | $0 | |
| Original award | $4,253,101 |
About this award
The International Development Finance Corporation (DFC) awarded a delivery order valued at $8.63M to Summit Consulting LLC, a Washington, D.C.-based minority-owned small disadvantaged business, for CHIPS Review and Administration follow-on services. The contract, awarded on September 12, 2024, is structured as a labor hours delivery order with an ultimate completion date of September 16, 2026, and carries no set-aside designation. This engagement represents a continuation of Summit Consulting's existing work supporting DFC's CHIPS (Chips and Science Act) initiatives, building on the firm's substantial experience delivering credit consulting, financial advisory, and operational support services to the agency across multiple existing blanket purchase agreements valued collectively at approximately $21M.
Summit Consulting's selection for this engagement reflects its established capabilities in financial analysis, program evaluation, and federal agency support services. The firm maintains a robust portfolio of federal contracts across civilian agencies including the Treasury Department, Department of Education, HUD, EPA, and CFPB, with particular strength in quantitative consulting, data analytics, and risk management. The delivery order will be performed in Washington, D.C., leveraging the contractor's existing proximity to DFC headquarters and demonstrated track record supporting the agency's development finance mission and Congressional mandates under the CHIPS and Science Act.
Quick answers
Who was awarded contract 77344424F0183?
77344424F0183 was awarded to Summit Consulting LLC by International Development Finance Corporation on September 12, 2024.
How much is contract 77344424F0183 worth?
The government has obligated $6,309,722 on 77344424F0183. Its potential value, with all options, is $8,633,796.
Is contract 77344424F0183 an order under another contract?
Yes. 77344424F0183 is a delivery order under 47QTCA19D00L1, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 77344424F0183 competed?
The extent of competition for 77344424F0183 was full and open competition. The government received 1 offer.
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