SBA 504 program - cdcs risk based review and risk oversight support services

Ended Awarded Last action

Contract number
73351023F0159
Awardee
Awarding agency
Obligated
$5,335,294

Award facts

Opportunity
Contract value 100% obligated
$5,335,294.27 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of Credit Risk Management Small Business Administration
Set-aside
No set-aside
Competition
Full and Open Competition after exclusion of sources Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Westlake, MD 20817, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00005 · The purpose of this modification P00005 is to deobligate funds in the amount of $4,882.73 and to administratively close out this e-delivery/task order in… -$4,883
Other Administrative Action P00004 $0
Change Order P00003 $1,739,711
Other Administrative Action P00002 $0
Other Administrative Action P00001 $0
Original award $3,600,466

About this award

This is a firm fixed-price delivery order contract awarded by the U.S. Small Business Administration (SBA) to Kingstonville-Mercadien JV LLC, a joint venture small business, for $5,335,294.27 to provide risk-based review and risk oversight support services for the SBA's 504 Certified Development Company (CDC) Loan Program. The contract has an ultimate completion date of March 26, 2025.

Kingstonville-Mercadien JV LLC previously held a $20 million indefinite delivery vehicle (IDV) contract with the SBA's Office of Performance Management and Chief Financial Officer to provide similar CDC risk monitoring and mitigation services, which was set aside for 8(a) small business concerns. This new award is not designated as a set-aside. The contract requires the vendor to deliver a range of risk-based review and oversight support for the SBA's CDC loan program, including developing data analytics, monitoring CDC lending portfolios, reviewing disaster loan files, and updating standard operating procedures.

Quick answers

Who was awarded contract 73351023F0159?

73351023F0159 was awarded to Kingstonville-Mercadien JV LLC by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 27, 2023.

How much is contract 73351023F0159 worth?

The government has obligated $5,335,294 on 73351023F0159.

Which agency awarded contract 73351023F0159?

Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351023F0159, with funding from Office of Credit Risk Management (Small Business Administration).

Is contract 73351023F0159 an order under another contract?

Yes. 73351023F0159 is a delivery order under 73351019D0013, an indefinite delivery contract.

Was contract 73351023F0159 competed?

The extent of competition for 73351023F0159 was full and open competition after exclusion of sources.

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