The purpose of the financial management system (FMS) award is to provide FSA with long-term assistance with its oracle e-business suite (EBS) FMS.
Active Awarded Last action
- Contract number
- 91003123F0003
- Awardee
-
Cyber Security Solutions LLC UEI E28YW5JLGPD9
- Awarding agency
-
Office of Federal Student Aid
Department of Education
- Obligated
- $22,274,479
Award facts
- Contract value 53% obligated
-
- $22,274,479.20 Current, with exercised options
- $42,150,032.67 Potential, with all options
- Completion date 59% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 541519 Other Computer Related Services
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Falls Church, VA 22043, USA
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $4,910,699 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $428,119 | |
| Funding Only Action | $2,806,038 | |
| Supplemental Agreement for work within scope | $489,606 | |
| Funding Only Action | $1,403,019 | |
| Exercise an Option | $1,436,807 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $64,871 | |
| Other Administrative Action | -$53,086 | |
| Other Administrative Action | -$26,200 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $5,502,038 | |
| Supplemental Agreement for work within scope | -$18,764 | |
| Supplemental Agreement for work within scope | -$62,772 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $5,394,103 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Show all 20
About this award
The Office of Federal Student Aid issued a delivery order to Cyber Security Solutions LLC on September 11, 2023, under the GSA Multiple Award Schedule (MAS) with a $42.15 million ceiling to provide long-term Oracle E-Business Suite financial management system support.
Cyber Security Solutions LLC is a minority-owned, SBA 8(a)-certified small disadvantaged business. Place of performance is Falls Church, VA. Period of performance extends through November 30, 2028.
The order funds continued assistance with Oracle E-Business Suite financial management operations for FSA. In fiscal year 2024, the order generated $4.4 million in invoiced labor across 14.6 FTEs and 30,320 contractor hours at a blended rate of $145.00 per hour. Teaming depth in FY2024 included one subcontractor accounting for 48 percent of contractor hours.
Quick answers
Who was awarded contract 91003123F0003?
91003123F0003 was awarded to Cyber Security Solutions LLC by Office of Federal Student Aid (Department of Education) on September 11, 2023.
How much is contract 91003123F0003 worth?
The government has obligated $22,274,479 on 91003123F0003. Its potential value, with all options, is $42,150,033.
Is contract 91003123F0003 an order under another contract?
Yes. 91003123F0003 is a delivery order under 47QTCA20D00FF, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 91003123F0003 competed?
The extent of competition for 91003123F0003 was full and open competition. The government received 1 offer.
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