For critical functions - this contract is critical because its focus is on the modernization of code, operating systems and database technology related to a federal financing bank (FFB) IT system. The…

Ended Awarded Last action

Contract number
TIRNO11D000300002
Awardee
Awarding agency
Obligated
$5,390,847

Award facts

Contract value 83% obligated
  • $6,051,823.82 Current, with exercised options
  • $6,521,684.71 Potential, with all options
Completion date 100% complete
Current and potential, with all options
Funding agency
Departmental Offices Department of the Treasury
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Place of performance
Washington, DC 20006, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action 5 -$660,977
Other Administrative Action 4 · This contract's focus is the modernization of code, operating systems and database technology related to the federal financing bank (FFB) IT system. MOD 0004… $0
Exercise an Option 3 $1,767,192
Exercise an Option 2 $2,172,476
Funding Only Action 1 · For critical functions - federal financing bank loan management control system (LMCS) $236,027
Original award $1,876,128

About this award

This is a delivery order contract awarded by the Departmental Offices component of the U.S. Department of the Treasury to Pragmatics, LLC, a minority-owned, woman-owned, and Subcontinent Asian-American-owned small business. The contract, which has a ceiling value of $6,521,684.71, is for the modernization of the Federal Financing Bank (FFB) Loan Management and Control System (LMCS). The LMCS is a critical IT system used by the FFB to perform complex calculations, loan maintenance, and recording of FFB loans in support of the FFB's inherently governmental functions. The contract is a firm-fixed-price delivery order issued under the Total Information Processing Support Services 4 (TIPSS-4) indefinite-delivery, indefinite-quantity (IDIQ) contract vehicle. There is no small business set-aside designation for this award.

Description

For critical functions - this contract is critical because its focus is on the modernization of code, operating systems and database technology related to a federal financing bank (FFB) IT system. The conversion and modernization effort will allow the FFB to more easily maintain the system in the future and to provide for the system to be supported on a variety of platforms, making IT easier for do to support the HW/SW needed for FFB loan management and control system (LMCS). The LMCS is critical in performing the complex calculation, loan maintenance and recording of FFB loans necessary to support the inherently governmental functions performed by FFB staff. The contractor will not however be determining functional system requirements of the LMCS, but merely modernizing the system.

Quick answers

Who was awarded contract TIRNO11D000300002?

TIRNO11D000300002 was awarded to Pragmatics, LLC by Internal Revenue Service (Department of the Treasury) on August 17, 2015.

How much is contract TIRNO11D000300002 worth?

The government has obligated $5,390,847 on TIRNO11D000300002. Its current value, with exercised options, is $6,051,824. Its potential value, with all options, is $6,521,685.

Which agency awarded contract TIRNO11D000300002?

Internal Revenue Service (Department of the Treasury) awarded TIRNO11D000300002, with funding from Departmental Offices (Department of the Treasury).

Is contract TIRNO11D000300002 an order under another contract?

Yes. TIRNO11D000300002 is a delivery order under TIRNO11D00030, an indefinite delivery contract, on Total Information Processing Support Services 4 (TIPSS-4).

Was contract TIRNO11D000300002 competed?

The extent of competition for TIRNO11D000300002 was full and open competition. The government received 1 offer.

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