Personal financial counselors
Active Awarded Last action
- Contract number
- 140D0423F0623
- Awardee
-
Magellan Federal, Inc. UEI MFYCXCNW4WL5
- Awarding agency
-
Interior Business Center
Office of Policy Management and Budget, Department of the Interior
- Obligated
- $153,744,103
Award facts
- Opportunity
-
- 140D0423Q0031 Solicitation number
- Contract value 43% obligated
-
- $281,914,933.69 Current, with exercised options
- $354,178,859.58 Potential, with all options
- Completion date 69% complete
-
- Current, with exercised options
- Potential, with all options
- Funding agency
- DOD Education Activity Department of Defense
- 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 · 1 offer Multiple Award, Fair Opportunity
- Pricing
- Time and Materials
- Place of performance
- Arlington, VA 22206, USA
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Other statutory authority
- 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 |
|---|---|---|
| Supplemental Agreement for work within scope | $2,000,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $40,000,000 | |
| Supplemental Agreement for work within scope | $4,999,463 | |
| Supplemental Agreement for work within scope | -$375,864 | |
| Supplemental Agreement for work within scope | $11,999,943 | |
| Supplemental Agreement for work within scope | -$404,610 | |
| Supplemental Agreement for work within scope | $25,000,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $5,025,171 | |
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | $8,000,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $25,000,000 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $2,500,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $30,000,000 |
Show all 20
About this award
The DOD Education Activity awarded a $354.2 million delivery order to Magellan Federal, Inc. on May 16, 2023, under the GSA Multiple Award Schedule (MAS) for personal financial counselor services, priced on a time-and-materials basis. The order was issued without a set-aside and runs through May 14, 2028. The current government description adds incremental funding of option period 3 and updates DFARS clause 252.232-7007. Place of performance is Arlington, VA 22206. The order's ceiling value is $354.2 million. Major subcontractors are The Bowen Consulting Group, Inc. and My Secure Advantage, Inc., with several additional subcontract actions under the same prime.
Subawards
| Subcontractor | Amount | Awarded |
|---|---|---|
| The Bowen Consulting Group. Inc. | $335 | |
| Ipak Inc. | $99,299 | |
| The Bowen Consulting Group. Inc. | $1,530,386 | |
| My Secure Advantage, Inc. | $3,354,912 | |
| My Secure Advantage, Inc. | $3,233,183 | |
| The Bowen Consulting Group. Inc. | $1,480,205 | |
| My Secure Advantage, Inc. | $3,232,183 | |
| The Bowen Consulting Group. Inc. | $1,485,205 | |
| My Secure Advantage, Inc. | $3,006,630 | |
| The Bowen Consulting Group. Inc. | $1,479,705 | |
| The Bowen Consulting Group. Inc. | $1,209,632 | |
| My Secure Advantage, Inc. | $2,836,130 | |
| My Secure Advantage, Inc. | $1,858,790 | |
| My Secure Advantage, Inc. | $1,465,085 | |
| The Bowen Consulting Group. Inc. | $807,060 | |
| My Secure Advantage, Inc. | $1,462,085 | |
| My Secure Advantage, Inc. | $1,462,014 | |
| My Secure Advantage, Inc. | $1,451,914 | |
| My Secure Advantage, Inc. | $1,451,578 | |
| Subcontractor not on record | $6,213,028 | |
| My Secure Advantage, Inc. | $1,413,878 | |
| Jlan Solutions LLC | $2,206,776 | |
| Federal Guardian LLC | $3,572,369 |
Show all 23
Quick answers
Who was awarded contract 140D0423F0623?
140D0423F0623 was awarded to Magellan Federal, Inc. by Interior Business Center (Office of Policy Management and Budget) on May 16, 2023.
How much is contract 140D0423F0623 worth?
The government has obligated $153,744,103 on 140D0423F0623. Its current value, with exercised options, is $281,914,934. Its potential value, with all options, is $354,178,860.
Which agency awarded contract 140D0423F0623?
Interior Business Center (Office of Policy Management and Budget) awarded 140D0423F0623, with funding from DOD Education Activity (Department of Defense).
Is contract 140D0423F0623 an order under another contract?
Yes. 140D0423F0623 is a delivery order under GS02F013BA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 140D0423F0623 competed?
The extent of competition for 140D0423F0623 was full and open competition. The government received 1 offer.
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