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Ended Awarded Last action

Contract number
SBA0008
Awardee
Awarding agency
Obligated
$850,629

Award facts

Contract value 100% obligated
$850,629.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Office of Credit Risk Management Small Business Administration
NAICS code
541219 Other Accounting Services
Set-aside
No set-aside
Competition
Full and Open Competition after exclusion of sources Negotiated Proposal / Quote
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20416, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P00005 · The purpose of this modification is to DE-obligate funds in excess of $8,833.45 and to administratively closeout this contract per IAW far 4.804 and agency… -$4,347
Other Administrative Action P00004 $0
Other Administrative Action P00003 $0
Other Administrative Action P00002 $0
Supplemental Agreement for work within scope P0001 · "" safety soundness exam $0
Original award $854,976

About this award

This is a $850,629.00 firm fixed price delivery order contract awarded by the Small Business Administration (SBA) Office of Credit Risk Management to Babb Maldonado & Associates, LLC, a minority-owned small disadvantaged business. The contract is for the company to provide credit risk management and financial services related to SBA lending programs, including supervised lender oversight, loan reviews, quality assurance, and safety and soundness examinations. This award does not indicate the use of any set-aside designation. Babb Maldonado & Associates has received over $4 million in federal contracts from the SBA Office of Credit Risk Management since 2019 to conduct oversight of SBA lending programs, loan portfolio risk analysis, and support administration of access to capital initiatives for small businesses.

Quick answers

Who was awarded contract SBA0008?

SBA0008 was awarded to Babb Maldonado & Associates, LLC by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 11, 2017.

How much is contract SBA0008 worth?

The government has obligated $850,629 on SBA0008.

Which agency awarded contract SBA0008?

Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded SBA0008, with funding from Office of Credit Risk Management (Small Business Administration).

Is contract SBA0008 an order under another contract?

Yes. SBA0008 is a delivery order under SBAHQ16D0012, an indefinite delivery contract.

Was contract SBA0008 competed?

The extent of competition for SBA0008 was full and open competition after exclusion of sources.

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