Financial advisory services

Active Awarded Last action

Contract number
91990023F0022
Awardee
Awarding agency
Obligated
$10,456,624

Award facts

Opportunity
  • 91990023Q0006 Solicitation number
Contract value 77% obligated
  • $10,456,623.97 Current, with exercised options
  • $13,615,283.12 Potential, with all options
Completion date 75% complete
  • Current, with exercised options
  • Potential, with all options
Funding agency
Office of the Chief Financial Officer Department of Education
NAICS code
541219 Other Accounting Services
Set-aside
Total Small Business
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Springfield, VA 22150, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Other Administrative Action P00006 $0
Exercise an Option P00005 $2,584,744
Other Administrative Action P00004 $0
Supplemental Agreement for work within scope P00003 -$371,388
Exercise an Option P00002 · Financial advisory services - AP 2248/2777 modopt and modchg $2,929,641
Exercise an Option P00001 · Financial advisory services - exercise option year 1 and optional task 4 $2,889,442
Original award $2,424,186

About this award

The Office of the Chief Financial Officer issued a delivery order to FMR Consulting Inc. on February 1, 2023, with a ceiling value of $13.6 million under the GSA Multiple Award Schedule (MAS). The order is set aside for Total Small Business and supports financial advisory services.

Place of performance is Springfield, VA. Ultimate completion is January 31, 2028. Work is priced on a firm fixed price basis.

In fiscal year 2023, FMR Consulting invoiced $1.4 million against the order, deploying 6.1 FTEs across 12,665 contractor hours at a blended derived rate of $107.19 per hour. The awardee subcontracted 36 percent of contractor hours to two subcontractors.

Quick answers

Who was awarded contract 91990023F0022?

91990023F0022 was awarded to FMR Consulting Inc. by Contracts and Acquisition Management (Department of Education) on February 1, 2023.

How much is contract 91990023F0022 worth?

The government has obligated $10,456,624 on 91990023F0022. Its potential value, with all options, is $13,615,283.

Which agency awarded contract 91990023F0022?

Contracts and Acquisition Management (Department of Education) awarded 91990023F0022, with funding from Office of the Chief Financial Officer (Department of Education).

Is contract 91990023F0022 an order under another contract?

Yes. 91990023F0022 is a delivery order under GS23F0040U, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 91990023F0022 competed?

The extent of competition for 91990023F0022 was full and open competition. The government received 2 offers. It was set aside: Total Small Business.

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