Garp membership renewal - DE-obligate excess funding

Ended Purchase Order Awarded Last action

Contract number
2031JW19P00036
Awardee
Awarding agency
Obligated
$19,675

Award facts

Contract value 100% obligated
$19,675.00 Current and potential, with all options
Completion date 100% complete
Current and potential, with all options
Contracting staff
Set-aside
No set-aside
Competition
Not Competed · 1 offer Only One Source
Pricing
Firm Fixed Price
Place of performance
Jersey City, NJ 07310, USA

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Funding Only Action P00002 -$125
Exercise an Option P00001 $9,240
Original award Garp membership renewal $10,560

About this award

The Office of the Comptroller of the Currency awarded a Purchase Order contract to Global Association of Risk Professionals Inc. (GARP) on April 1, 2019, for GARP membership renewal services. The contract carries a ceiling value of $19,675.00 under a Firm Fixed Price arrangement with no set-aside designation applied. The work is scheduled for completion by March 31, 2021, with performance taking place at GARP's location in Jersey City, New Jersey.

This contract represents a straightforward renewal of membership fees with the Global Association of Risk Professionals, a leading organization that certifies financial risk management professionals. The de-obligation of excess funding noted in the contract description indicates that the OCC optimized its spending allocation during the contract period. As a civilian agency, the OCC's use of GARP membership likely supports professional development and industry engagement for personnel involved in banking oversight and financial regulation.

Quick answers

Who was awarded contract 2031JW19P00036?

2031JW19P00036 was awarded to Global Association Of Risk Professionals Inc. by Office of the Comptroller of the Currency (Department of the Treasury) on April 1, 2019.

How much is contract 2031JW19P00036 worth?

The government has obligated $19,675 on 2031JW19P00036.

Was contract 2031JW19P00036 competed?

The extent of competition for 2031JW19P00036 was not competed. The government received 1 offer.

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