The purpose of this requirement is to obtain expert analytical support for a volpe/fhwa study on the macroeconomic impacts of highway investment, with updates and analyses using a computable general…
Ended Purchase Order Awarded Last action
- Contract number
- 6913G624P800013
- Awardee
-
Victoria University UEI F12GJECH2987
- Awarding agency
-
Immediate Office of the Secretary of Transportation
Department of Transportation
- Obligated
- $79,000
Award facts
- Opportunity
-
- Macroeconomic Impacts of Highway Investment Solicitation · 6913G624Q300015 · Posted Jan 24, 2024
- Contract value 42% obligated
-
- $84,000.00 Current, with exercised options
- $188,000.00 Potential, with all options
- Completion date 100% complete
-
- Current, with exercised options
- Potential, with all options
- Contracting staff
- NAICS code
- 541990 All Other Professional, Scientific, and Technical Services
- PSC
- B507 Special Studies/Analysis- Economic
- Set-aside
- No set-aside
- Competition
- 1 offer Simplified Acquisition
- Pricing
- Firm Fixed Price
- Place of performance
- Australia
Award details come from SAM.gov/FPDS.
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $5,000 | |
| Other Administrative Action | $0 | |
| Original award | $79,000 |
About this award
The Department of Transportation's Immediate Office of the Secretary awarded a $188,000 firm fixed-price purchase order to Victoria University on March 28, 2024, to provide expert analytical support for a Volpe National Transportation Systems Center and Federal Highway Administration study on the macroeconomic impacts of highway investment. Under this contract, Victoria University will update and analyze a computable general equilibrium (CGE) model of the United States economy to evaluate how highway infrastructure investments affect macroeconomic outcomes. The work requires updating the existing USAGEHwy model to represent 2022 data and current economic conditions, conducting initial analyses incorporating outputs from the Highway Economic Requirements System model, and delivering regular progress reports and a final report through the ultimate completion date of May 5, 2026. This procurement includes no set-aside designation and reflects the Federal Highway Administration Office of Economic Investment Strategies' need for sophisticated economic modeling capabilities to inform infrastructure investment decision-making.
Victoria University, an Australian-based international educational institution with significant expertise in economic modeling and CGE analysis, was selected based on technical approach, understanding, and past performance. The university has established a track record delivering economic modeling services to multiple U.S. federal agencies, including the Department of Commerce's International Trade Administration, the International Trade Commission, and the Environmental Protection Agency, with prior contract values ranging from approximately $6,800 to $236,874. The contract modification reduces the period of performance for the base line item to October 29, 2025, with potential optional task extensions available through 2026 if exercised by the government.
Description
The purpose of this requirement is to obtain expert analytical support for a volpe/fhwa study on the macroeconomic impacts of highway investment, with updates and analyses using a computable general equilibrium (CGE) model of the united states.
Quick answers
Who was awarded contract 6913G624P800013?
6913G624P800013 was awarded to Victoria University by Immediate Office of the Secretary of Transportation (Department of Transportation) on March 28, 2024.
How much is contract 6913G624P800013 worth?
The government has obligated $79,000 on 6913G624P800013. Its current value, with exercised options, is $84,000. Its potential value, with all options, is $188,000.
Was contract 6913G624P800013 competed?
The government received 1 offer.
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