Federal highway administration, federal-aid highways trust fund grant accrual and estimated liability

Active Purchase Order Awarded Last action

Contract number
693JJ322P000039
Awardee
Awarding agency
Obligated
$665,125

Award facts

Contract value 90% obligated
  • $665,125.47 Current, with exercised options
  • $739,241.97 Potential, with all options
Completion date 78% complete
  • Current, with exercised options
  • Potential, with all options
Set-aside
8(a) Sole Source
Competition
Not Competed under SAP · 1 offer Simplified Acquisition
Pricing
Firm Fixed Price
Place of performance
Alexandria, VA 22301, USA
Legislative mandates

Award details come from SAM.gov/FPDS.

Transactions

Action Obligated Date
Exercise an Option P00005 · The purpose of this modification is to exercise option year 4 $145,326
Other Administrative Action P00004 · Update TAR invoice clause $0
Exercise an Option P00003 · The purpose of this modification is to exercise option year 3 $142,477
Exercise an Option P00002 · The purpose of this modification is to exercise option year 2 $139,683
Exercise an Option P00001 · The purpose of this modification is to exercise option year 1 in the amount of $136,944.36 federal highway administration, federal-aid highways trust fund grant… $136,944
Original award $100,694

About this award

The Federal Highway Administration awarded a purchase order to The Parnin Group, LLC, an 8(a) sole-source awardee, valued at $739,241.97, with an award date of September 7, 2022. The order exercises option year 4 under a firm fixed-price contract with a completion date of December 6, 2027. Work is performed in Alexandria, Virginia. The contract supports Federal-Aid Highways Trust Fund grant accrual and estimated liability services. As of fiscal year 2024, the order invoiced $138 thousand across 0.3 FTEs and 581 contractor hours, at a derived blended rate of $237.09 per hour. The Parnin Group subcontracted 76 percent of contractor hours in FY2024 to one subcontractor. Government-paid hourly rates declined year-over-year from $393.44 in FY2023 to $237.09 in FY2024.

Quick answers

Who was awarded contract 693JJ322P000039?

693JJ322P000039 was awarded to The Parnin Group, LLC by Federal Highway Administration (Department of Transportation) on September 7, 2022.

How much is contract 693JJ322P000039 worth?

The government has obligated $665,125 on 693JJ322P000039. Its potential value, with all options, is $739,242.

Was contract 693JJ322P000039 competed?

The extent of competition for 693JJ322P000039 was not competed under sap. The government received 1 offer. It was set aside: 8(a) Sole Source.

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