Financial management oversight - initial task orders awarded for gmoc conference for fiscal year 2016

Ended Awarded Last action

Contract number
0001
Awardee
Awarding agency
Obligated
$17,140

Award facts

Opportunity
Contract value <1% obligated
  • $5,762,029.95 Current, with exercised options
  • $30,829,826.93 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition after exclusion of sources · 5 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Rockville, MD 20850, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00002 $0
Other Administrative Action P00003 · Closeout $0
Close Out P00001 · FMO TFC consulting, INC. DTFT60-16-d-00006/task order 0001 -$11,453
Original award $28,593

About this award

This award is for a delivery order under the Financial Management Oversight Program (FMO) master contract held by TFC Consulting Inc., a minority-owned small business. The contract provides $30,829,826.93 in firm fixed-price funding for financial management oversight services, specifically related to the Grants Management Oversight Conference (GMOC) in fiscal year 2016. TFC Consulting, a certified Disadvantaged Business Enterprise (DBE) and CPA firm, will provide a range of accounting, auditing, financial reporting, and compliance services to support the financial operations of the Federal Transit Administration, a civilian agency. This contract does not have a set-aside designation. TFC Consulting has several significant federal contract vehicles, including a $75 million Blanket Purchase Agreement with the USDA Agricultural Research Service and a position on the GSA OASIS SB contract, showcasing the firm's extensive experience providing financial management services to various government agencies.

Quick answers

Who was awarded contract 0001?

0001 was awarded to TFC Consulting Inc. by Federal Transit Administration (Department of Transportation) on March 4, 2016.

How much is contract 0001 worth?

The government has obligated $17,140 on 0001. Its current value, with exercised options, is $5,762,030. Its potential value, with all options, is $30,829,827.

Is contract 0001 an order under another contract?

Yes. 0001 is a delivery order under DTFT6016D00006, an indefinite delivery contract, on Financial Management Oversight Program (FMO).

Was contract 0001 competed?

The extent of competition for 0001 was full and open competition after exclusion of sources. The government received 5 offers.

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