Recovery. Management of the key steps of the application process for loan guarantees under the program established by the loan guarantee program office of the U.S. Department of energy. The services…
Ended Awarded Last action
- Contract number
- DEDT0000523
- Awardee
-
Value Recovery Group, Inc. UEI D9CZC84DLYL8
- Awarding agency
-
Headquarters
Department of Energy
- Obligated
- $5,933,536
Award facts
- Opportunity
-
- DESOL0000633 Solicitation number
- --TAS::89 0209::TAS Recovery. Sophisticated, comprehensive and state of the art sy Award Notice · Posted Apr 22, 2010
- Recovery--R--Action Award Notice · Posted Jul 1, 2009
- Contract value 100% obligated
- $5,933,536.44 Current and potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 523999 Miscellaneous Financial Investment Activities
- Set-aside
- No set-aside
- Competition
- Competitive Delivery Order · 1 offer Simplified Acquisition
- Pricing
- Time and Materials
- Place of performance
- Washington, DC 20585, USA
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Close Out | $0 | |
| Supplemental Agreement for work within scope | $1,247,192 | |
| Funding Only Action | $1,436,344 | |
| Other Administrative Action | $0 | |
| Funding Only Action | $1,500,000 | |
| Supplemental Agreement for work within scope | $0 | |
| Definitize Change Order | $1,000,000 | |
| Original award | $750,000 |
About this award
This federal contract award, with ID GS23F0368K|DEDT0000523, was made by the U.S. Department of Energy to the prime contractor Value Recovery Group, Inc. The contract is for the management of the key steps of the application process for loan guarantees under the Loan Guarantee Program Office of the Department of Energy. The contractor will be required to coordinate all application activities and reporting on progress of these activities for up to 300 existing renewable energy clients of various financial institutions pursuing partial loan guarantees for new and existing commercial energy projects. The contract has a ceiling value of $5,933,536.44 and does not have a set-aside designation. The contract is a time and materials delivery order with an ultimate completion date of December 6, 2012.
Description
Recovery. Management of the key steps of the application process for loan guarantees under the program established by the loan guarantee program office of the U.S. Department of energy. The services of a program manager and personnel that can develop and implement a program, and a supporting data collection system, that will track all scheduled and actual application activity through to closing of a projected pipeline of up to 300 existing renewable energy clients of money center banks, regional banks, specialty and community banks, insurance companies, investment banks, leasing companies and other financial firms. The contractor will be required to coordinate all application activities, and reporting on progress on those activities, of these institutions that will serve as funding vehicles for energy applicants pursuing partial loan guarantees for new and existing commercial energy projects as anticipated to be eligible under section 1705 of title XVII of the energy policy act of 2005 as amended. Arra::yes::arra
Quick answers
Who was awarded contract DEDT0000523?
DEDT0000523 was awarded to Value Recovery Group, Inc. by Headquarters (Department of Energy) on July 1, 2009.
How much is contract DEDT0000523 worth?
The government has obligated $5,933,536 on DEDT0000523.
Is contract DEDT0000523 an order under another contract?
Yes. DEDT0000523 is a delivery order under GS23F0368K, a federal supply schedule.
Was contract DEDT0000523 competed?
The extent of competition for DEDT0000523 was competitive delivery order. The government received 1 offer.
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