Odcs for collateral agent services.
Ended Awarded Last action
- Contract number
- 89303021FLP400018
- Awardee
-
National Association PNC Bank UEI L3KLYCG35MZ6 Part of The PNC Financial Services Group, Inc.
- Awarding agency
-
Headquarters
Department of Energy
- Obligated
- $0
Award facts
- Contract value
- $0.00 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Office of Human Capital Department of Energy
- NAICS code
- 522110 Commercial Banking
- Set-aside
- No set-aside
- Competition
- Competed under SAP Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20585, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$50,000 | |
| Other Administrative Action | $0 | |
| Original award | $50,000 |
About this award
The U.S. Department of Energy Office of Loan Programs awarded a delivery order to Midland Loan Services, a division of National Association PNC Bank, on September 2, 2021, to provide collateral agent services. This firm fixed-price contract carries a ceiling value of $50,000 and extends through April 30, 2023. The award includes services related to collateral administration and management support, leveraging Midland's established expertise in supporting federal loan programs. No set-aside designation was used for this procurement.
Midland Loan Services, operating as a division of PNC Financial Services Group, maintains relevant experience in collateral agent services for federal agencies, including prior work for the Department of Energy's Office of Loan Programs. The contractor's service delivery location is based in Washington, DC, positioning the firm to provide ongoing administrative support and specialized counsel on collateral-related matters, including review of nonstandard documentation. This delivery order represents a continuation of Midland's established support relationship with the federal government's loan administration activities.
Quick answers
Who was awarded contract 89303021FLP400018?
89303021FLP400018 was awarded to National Association PNC Bank by Headquarters (Department of Energy) on September 2, 2021.
How much is contract 89303021FLP400018 worth?
The government has obligated $0 on 89303021FLP400018.
Which agency awarded contract 89303021FLP400018?
Headquarters (Department of Energy) awarded 89303021FLP400018, with funding from Office of Human Capital (Department of Energy).
Is contract 89303021FLP400018 an order under another contract?
Yes. 89303021FLP400018 is a delivery order under 89303018DLP000001, an indefinite delivery contract.
Was contract 89303021FLP400018 competed?
The extent of competition for 89303021FLP400018 was competed under sap.
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