Professional support services for fiscal service fasp (financial agent selection process)
Ended Purchase Order Awarded Last action
- Contract number
- 2033H620P00065
- Awardee
-
Vitalizing Business Solutions Inc. UEI V23HGB6SAHN3
- Awarding agency
-
Bureau of the Fiscal Service
Department of the Treasury
- Obligated
- $605,868
Award facts
- Opportunity
-
- RFQFSA420000200011 Solicitation number
- Contract value 17% obligated
-
- $3,325,290.10 Current, with exercised options
- $3,462,520.92 Potential, with all options
- Completion date 100% complete
- Current and potential, with all options
- Contracting staff
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- Set-aside
- 8(a) Sole Source
- Competition
- 1 offer Only One Source
- Pricing
- Firm Fixed Price
- Place of performance
- Chicago, IL 60620, 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 |
|---|---|---|
| Funding Only Action | -$217,983 | |
| Terminate for Convenience | $0 | |
| Exercise an Option | $667,768 | |
| Exercise an Option | $650,000 | |
| Exercise an Option | $599,945 | |
| Funding Only Action | -$1,560 | |
| Funding Only Action | $1,560 | |
| Exercise an Option | $801,709 | |
| Original award | $823,851 |
About this award
The U.S. Department of the Treasury's Bureau of the Fiscal Service awarded Vitalizing Business Solutions Inc., a Chicago-based SBA Certified 8(a) Program Participant and Economically Disadvantaged Women-Owned Small Business, a firm fixed-price purchase order valued at $3.46M for professional support services related to the Fiscal Service Financial Agent Selection Process (FASP). The contract, awarded on September 30, 2020, as an 8(a) sole-source set-aside, was scheduled for completion by February 20, 2025, with performance conducted in Chicago, Illinois. This engagement represents specialized consulting and project management support for the Treasury's critical financial agent selection operations, leveraging the contractor's expertise in organizational development and professional services delivery to federal agencies.
Vitalizing Business Solutions Inc. brings substantial relevant experience to this engagement, holding a prime position on the GSA 8(a) STARS III Government-Wide Acquisition Contract, a $50B multiple-award IDIQ vehicle that authorizes comprehensive information technology and professional services across federal agencies. The company's demonstrated track record includes organizational development consulting for the Department of Education, specialized training coordination for the Wisconsin National Guard, and technical remediation services for the Department of Justice, positioning it as a qualified federal contractor capable of delivering complex, mission-critical support services. The FASP contract represents part of the Treasury's broader procurement strategy for ensuring effective financial agent operations across its fiscal service operations.
Quick answers
Who was awarded contract 2033H620P00065?
2033H620P00065 was awarded to Vitalizing Business Solutions Inc. by Bureau of the Fiscal Service (Department of the Treasury) on September 30, 2020.
How much is contract 2033H620P00065 worth?
The government has obligated $605,868 on 2033H620P00065. Its current value, with exercised options, is $3,325,290. Its potential value, with all options, is $3,462,521.
Was contract 2033H620P00065 competed?
The government received 1 offer. It was set aside: 8(a) Sole Source.
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