For other functions

Ended Awarded Last action

Contract number
0004
Awardee
Awarding agency
Obligated
$826,458

Award facts

Contract value 49% obligated
  • $826,458.26 Current, with exercised options
  • $1,696,506.36 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Set-aside
No set-aside
Competition
Full and Open Competition · 2 offers Multiple Award, Fair Opportunity
Pricing
Time and Materials
Place of performance
Washington, DC 20549, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Close Out P0002 -$43,590
Other Administrative Action 1 $0
Original award $870,048

About this award

This federal contract award, valued at $1,696,506.36, was issued by the Securities and Exchange Commission (SEC) to the prime contractor Elder Research, Inc. The contract is a Delivery Order under the Quantitative Research Analytical Data Support (QRADS) Indefinite Delivery Vehicle (IDV), which allows the SEC to issue task orders for Elder Research's expertise in data science, artificial intelligence, and advanced analytics.

The contract is for "Other Functions" and does not have a set-aside designation. Elder Research, a data science and AI consulting firm, will provide services to the SEC under this Time and Materials contract, which has an ultimate completion date of November 15, 2017. The company has previously held other federal contracts and grants, demonstrating its ability to deliver innovative analytical solutions across a range of government agencies and requirements.

Quick answers

Who was awarded contract 0004?

0004 was awarded to Elder Research, Inc. by Securities and Exchange Commission on August 31, 2016.

How much is contract 0004 worth?

The government has obligated $826,458 on 0004. Its potential value, with all options, is $1,696,506.

Is contract 0004 an order under another contract?

Yes. 0004 is a delivery order under SECHQ113D0049, an indefinite delivery contract, on Quantitative Research Analytical Data Support (QRADS).

Was contract 0004 competed?

The extent of competition for 0004 was full and open competition. The government received 2 offers.

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