Financial support services for wifia transactions: financial systems credit multi-award FY20
Ended Awarded Last action
- Contract number
- 68HERC21F0134
- Awardee
-
Ernst & Young LLP UEI Q3DSBK6EC715
- Awarding agency
-
Cincinnati Procurement Operations Division
Office of Acquisition Management, Environmental Protection Agency
- Obligated
- $175,861
Award facts
- Contract value 11% obligated
-
- $898,010.00 Current, with exercised options
- $1,595,360.00 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Funding agency
- Office of Water Headquarters Offices, Environmental Protection Agency
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 4 offers Multiple Award, Fair Opportunity
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20005, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | -$46,490 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $21,521 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $14,870 | |
| Other Administrative Action | $0 | |
| Original award | $185,960 |
About this award
Ernst & Young LLP received a delivery order valued at $1.6 million under the WIFIA Financial Advisory Services 2017-2022 master IDIQ contract to provide financial support services for Water Infrastructure Finance and Innovation Act (WIFIA) transactions. The order was awarded on March 2, 2021, by the Office of Water within the Environmental Protection Agency, with a completion date of May 29, 2025. This firm fixed-price delivery order was not set aside for any socioeconomic categories and will be performed in Washington, D.C. The WIFIA program provides federal credit assistance to eligible water and wastewater infrastructure projects, and this financial support services engagement supports the EPA's ability to structure and execute WIFIA transactions.
Ernst & Young LLP, a global professional services firm headquartered in Washington, D.C., brings extensive experience in financial management, advisory services, and complex transaction support across federal agencies. The firm's track record includes substantial work with the Department of Transportation and FAA, as well as engagements with the EPA, Export-Import Bank, and other agencies. Under this delivery order, EY will leverage its financial systems and credit expertise to support the EPA's WIFIA program operations, helping facilitate infrastructure financing that enables communities to develop critical water and wastewater systems.
Quick answers
Who was awarded contract 68HERC21F0134?
68HERC21F0134 was awarded to Ernst & Young LLP by Cincinnati Procurement Operations Division (Office of Acquisition Management) on March 2, 2021.
How much is contract 68HERC21F0134 worth?
The government has obligated $175,861 on 68HERC21F0134. Its current value, with exercised options, is $898,010. Its potential value, with all options, is $1,595,360.
Which agency awarded contract 68HERC21F0134?
Cincinnati Procurement Operations Division (Office of Acquisition Management) awarded 68HERC21F0134, with funding from Office of Water (Headquarters Offices).
Is contract 68HERC21F0134 an order under another contract?
Yes. 68HERC21F0134 is a delivery order under EPC17004, an indefinite delivery contract, on WIFIA Financial Advisory Services 2017-2022 (WIFIA).
Was contract 68HERC21F0134 competed?
The extent of competition for 68HERC21F0134 was full and open competition. The government received 4 offers.
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