Independent verification and validation (IV & v)
Ended Awarded Last action
- Contract number
- 20341522F00039
- Awardee
-
FI Consulting, Inc. UEI KA1KEJ7MNSY1
- Awarding agency
-
Bureau of the Fiscal Service
Department of the Treasury
- Obligated
- -$1,262,419
Award facts
- Contract value 0% obligated
- $752,383.25 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- Funding agency
- Departmental Offices Department of the Treasury
- NAICS code
- 541219 Other Accounting Services
- PSC
- R704 Support- Management: Auditing
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Place of performance
- Washington, DC 20001, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Funding Only Action | -$2,240,294 | |
| Terminate for Convenience | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $1,017,382 | |
| Exercise an Option | $997,421 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $977,875 |
About this award
FI Consulting, Inc., an Arlington, Virginia-based small business specializing in federal consulting services, was awarded a delivery order valued at $752,383.25 for Independent Verification and Validation (IV&V) services. This total small business set-aside contract, awarded June 4, 2022, with an ultimate completion date of April 24, 2025, is being performed in Washington, DC under a labor-hours pricing model. The award is issued under the One Acquisition Solution for Integrated Services - Small Business (OASIS SB) master Indefinite Delivery Vehicle, which provides the General Services Administration and other federal agencies access to pre-competed small business contractors for various professional services. The work is funded by the Department of Commerce's Departmental Offices division, a civilian agency component responsible for administrative and policy-level functions.
IV&V services typically involve independent testing, quality assurance, and validation activities to ensure that systems, software, or program deliverables meet specified requirements and perform as intended. FI Consulting's selection for this effort aligns with its established capabilities in program analysis, technical support, and risk assessment across multiple federal agencies. The contract modification noted includes a deobligation of unused funds and a change to the Contracting Officer's Representative, reflecting adjustments made during the performance period to optimize resource allocation and management oversight.
Quick answers
Who was awarded contract 20341522F00039?
20341522F00039 was awarded to FI Consulting, Inc. by Bureau of the Fiscal Service (Department of the Treasury) on June 4, 2022.
How much is contract 20341522F00039 worth?
The government has obligated -$1,262,419 on 20341522F00039. Its current value, with exercised options, is $752,383.
Which agency awarded contract 20341522F00039?
Bureau of the Fiscal Service (Department of the Treasury) awarded 20341522F00039, with funding from Departmental Offices (Department of the Treasury).
Is contract 20341522F00039 an order under another contract?
Yes. 20341522F00039 is a delivery order under GS00Q14OADS204, an indefinite delivery contract, on One Acquisition Solution for Integrated Services - Small Business (OASIS SB).
Was contract 20341522F00039 competed?
The extent of competition for 20341522F00039 was full and open competition after exclusion of sources. The government received 1 offer. It was set aside: Total Small Business.
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