The purpose of this award is to issue a new task order for the FY 2022 procurement system review (PSR) task order one (1) for TFC consulting, INC. (TFC).

Ended Awarded Last action

Contract number
69319522F30023N
Awardee
Awarding agency
Obligated
$457,663

Award facts

Contract value 100% obligated
$457,663.26 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition Negotiated Proposal / Quote
Pricing
Labor Hours
Place of performance
Washington, DC 20590, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00002 · The purpose of this no cost administrative modification is extend the period of performance. $0
Other Administrative Action P00001 · TSO-PSR contractor- TFC consulting, INC contract number- 69319522D000001 task order-69319522F30023N realign funds $0
Original award $457,663

About this award

The Federal Transit Administration (FTA) awarded a task order to TFC Consulting Inc., a minority-owned small business based in Rockville, Maryland, for FY 2022 Procurement System Review (PSR) Task Order One. The contract, valued at $457,663.26, was awarded on July 8, 2022, under a labor-hours pricing structure with an ultimate completion date of April 11, 2024. This delivery order was issued without a set-aside designation and will be performed in Washington, DC. The award includes a no-cost administrative modification to extend the period of performance, enabling TFC Consulting to continue delivering procurement system review services to the FTA.

TFC Consulting's selection reflects the firm's extensive experience providing financial management, accounting, and compliance services to federal agencies since 2006. This task order likely leverages the company's position on the FTA's $21.6 million Comprehensive Oversight Review and Technical Assistance Program (CORTAP) Blanket Purchase Agreement, which authorizes TFC Consulting to conduct financial oversight reviews and provide technical guidance to FTA grantees. The firm's expertise in procurement system reviews, combined with its track record of subcontract work with major consulting firms including Deloitte and KPMG, positions it to deliver thorough analysis and recommendations to strengthen FTA's procurement processes and internal controls.

Quick answers

Who was awarded contract 69319522F30023N?

69319522F30023N was awarded to TFC Consulting Inc. by Federal Transit Administration (Department of Transportation) on July 8, 2022.

How much is contract 69319522F30023N worth?

The government has obligated $457,663 on 69319522F30023N.

Is contract 69319522F30023N an order under another contract?

Yes. 69319522F30023N is a delivery order under 69319522D000001, an indefinite delivery contract.

Was contract 69319522F30023N competed?

The extent of competition for 69319522F30023N was full and open competition.

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