Professional services, expert advisory support to establishe a special assets unit (SAU) to assist in monitoring and managing at-risk loans across USDA's non-residential mortgage portfolio. This…

Ended Awarded Last action

Contract number
12RADA20F0073
Awardee
Awarding agency
Obligated
$699,408

Award facts

Opportunity
Contract value 78% obligated
  • $699,407.98 Current, with exercised options
  • $901,833.94 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Procurement Management Division Washington Office, Department of Agriculture
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20250, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Supplemental Agreement for work within scope P00003 $0
Exercise an Option P00002 · The purpose of this modification is to execute an option to extend the term of the task order, option number 1, effective from december 01, 2020 through… $202,426
Definitize Letter Contract P00001 $248,491
Original award $248,491

About this award

The Department of Agriculture Rural Housing Service Washington Office Procurement Management Division awarded a $901,833.94 firm fixed price delivery order against Summit Consulting LLC's Multiple Award Schedule contract. The delivery order is for professional services and expert advisory support to establish a Special Assets Unit to assist in monitoring and managing at-risk loans across USDA's non-residential mortgage portfolio. The effort includes three phases to provide program support. Summit Consulting LLC will perform the work as the prime contractor in Washington, D.C. over an approximately 7-month period concluding in March 2021. The award draws from Summit's GSA Schedule contract vehicle to obtain specialized expertise that will help USDA's Rural Housing Service manage financial risks within its loan programs.

Description

Professional services, expert advisory support to establishe a special assets unit (SAU) to assist in monitoring and managing at-risk loans across USDA's non-residential mortgage portfolio. This effort includes three (3) phases. Phase i - prog

Quick answers

Who was awarded contract 12RADA20F0073?

12RADA20F0073 was awarded to Summit Consulting LLC by Washington Office (Rural Housing Service) on August 7, 2020.

How much is contract 12RADA20F0073 worth?

The government has obligated $699,408 on 12RADA20F0073. Its potential value, with all options, is $901,834.

Which agency awarded contract 12RADA20F0073?

Washington Office (Rural Housing Service) awarded 12RADA20F0073, with funding from Procurement Management Division (Washington Office).

Is contract 12RADA20F0073 an order under another contract?

Yes. 12RADA20F0073 is a delivery order under GS00F122CA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 12RADA20F0073 competed?

The extent of competition for 12RADA20F0073 was full and open competition. The government received 1 offer.

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