Renew auction services recompete
Ended Purchase Order Awarded Last action
- Contract number
- 140M0123P0002
- Awardee
-
Power Auctions LLC UEI KDTCKET4HMC7
- Awarding agency
-
Bureau of Ocean Energy Management
Department of the Interior
- Obligated
- $2,389,260
Award facts
- Opportunity
-
- 140M0122Q0025 - Software as a Service - Auctions Solicitation · 140M0122Q0025 · Posted Aug 2, 2022
- Contract value 43% obligated
-
- $2,389,260.00 Current, with exercised options
- $5,616,987.00 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- NAICS code
- 513210 Software Publishers
- Set-aside
- No set-aside
- Competition
- Competed under SAP · 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Washington, DC 20007, USA
- Legislative mandates
-
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Funding Only Action | -$59,250 | |
| Funding Only Action | -$138,250 | |
| Supplemental Agreement for work within scope | $0 | |
| Exercise an Option | $804,760 | |
| Exercise an Option | $790,000 | |
| Additional Work (new agreement, FAR part 6 applies) | $0 | |
| Original award | $992,000 |
About this award
The Bureau of Ocean Energy Management (BOEM), a civilian agency under the Department of the Interior, awarded a $5,616,987.00 firm-fixed-price Purchase Order to Power Auctions LLC, a for-profit limited liability company, to provide a cloud-based simultaneous ascending clock auction system for offshore wind lease auction events. This contract is a recompete of previous auction services and has an ultimate completion date of March 1, 2028. Power Auctions LLC is a specialized provider of advanced auction technologies and services, primarily serving the federal government. The company has secured significant contract awards from multiple federal agencies, including a notable $48,494,613.12 firm-fixed-price contract from the Federal Communications Commission to provide a comprehensive business solution for the agency's current and future auction bidding processes.
Quick answers
Who was awarded contract 140M0123P0002?
140M0123P0002 was awarded to Power Auctions LLC by Bureau of Ocean Energy Management (Department of the Interior) on March 2, 2023.
How much is contract 140M0123P0002 worth?
The government has obligated $2,389,260 on 140M0123P0002. Its potential value, with all options, is $5,616,987.
Was contract 140M0123P0002 competed?
The extent of competition for 140M0123P0002 was competed under sap. The government received 1 offer.
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