Contractor support services for financial management and procurement data repository (FMPDR)
Active Awarded Last action
- Contract number
- 70Z02324F86000001
- Awardee
-
Teracore Inc. UEI HALMJSCZ42W5
- Awarding agency
-
Coast Guard
Department of Homeland Security
- Obligated
- $5,986,490
Award facts
- Contract value 16% obligated
-
- $17,029,993.38 Current, with exercised options
- $38,370,668.21 Potential, with all options
- Completion date 57% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 541512 Computer Systems Design Services
- Set-aside
- Service-Disabled Veteran-Owned Small Business
- Competition
- Full and Open Competition after exclusion of sources · 3 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Oa-xinh-tơn, Quận Columbia 20593, Hoa Kỳ
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $995,361 | |
| Exercise an Option | $1,957,014 | |
| Change Order | $0 | |
| Exercise an Option | $1,142,779 | |
| Original award | $1,891,337 |
About this award
The Coast Guard awarded a delivery order to Teracore Inc. on March 17, 2024, under the Veterans Technology Services 2 (VETS 2) GWAC, with a $38.37 million ceiling. Place of performance is listed as "Oa-xinh-tơn, Quận Columbia 20593, Hoa Kỳ." Performance runs through an ultimate completion date of October 31, 2028. A modification exercising OP3 extends the period of performance by six months and adds two optional three-month CLIN sets. The order provides contractor support services for the Financial Management and Procurement Data Repository (FMPDR), assisting continued financial system development and maturation of reporting and analytical capabilities. The order is a firm-fixed-price award issued as a service-disabled veteran-owned small business set-aside. Teracore is an SBA-certified service-disabled veteran-owned small business and veteran-owned small business.
Service Contract Inventory data shows government-invoiced labor on this order rising across two fiscal years: $1 million across 4.9 FTEs and 10,140 contractor hours in FY2024 (derived rate of $100.39 per hour), and $2 million across 9.0 FTEs and 18,720 contractor hours in FY2025 (derived rate of $106.91 per hour). Teracore is reported in a prime role. One subcontractor accounted for 10 percent of FY2025 contractor hours. The source labels the derived rates approximate because they blend prime and subcontractor figures in years with subcontracting.
Quick answers
Who was awarded contract 70Z02324F86000001?
70Z02324F86000001 was awarded to Teracore Inc. by Coast Guard (Department of Homeland Security) on March 17, 2024.
How much is contract 70Z02324F86000001 worth?
The government has obligated $5,986,490 on 70Z02324F86000001. Its current value, with exercised options, is $17,029,993. Its potential value, with all options, is $38,370,668.
Is contract 70Z02324F86000001 an order under another contract?
Yes. 70Z02324F86000001 is a delivery order under 47QTCH18D0062, a government wide acquisition contract (GWAC), on Veterans Technology Services 2 (VETS 2).
Was contract 70Z02324F86000001 competed?
The extent of competition for 70Z02324F86000001 was full and open competition after exclusion of sources. The government received 3 offers. It was set aside: Service-Disabled Veteran-Owned Small Business.
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