Enterprise wide language services
Ended Awarded Last action
- Contract number
- 50310220A0022
- Awardee
-
Latitude Prime LLC UEI JTL8NE84JQ78
- Awarding agency
-
Securities and Exchange Commission
- Task orders
- 4 $1,684,331 obligated
Award facts
- Opportunity
-
- 50310220Q0071 Solicitation number
- Combined order value
- $1,684,331 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 67% used
- $2,500,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 541930 Translation and Interpretation Services
- Set-aside
- Competitive 8(a)
- Competition
- Full and Open Competition · 3 offers Multiple Award, Fair Opportunity
- Pricing
- Time and Materials
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Employment Eligibility Verification (E-Verify) FAR subpart 22.18
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The Securities and Exchange Commission awarded a blanket purchase agreement to Latitude Prime LLC under its Multiple Award Schedule contract to provide language services. The single-award agreement has a potential value of $2.5 million and a period of performance from September 2020 to September 2025. As an 8(a) and HUBZone certified small business, Latitude Prime will deliver translation and interpretation support out of Minneapolis, Minnesota to aid SEC programs requiring communication across diverse stakeholder groups.
Three firm-fixed price calls were also placed against the agreement. Two calls for language services have potential values of $28,070 and $1.467 million respectively and require performance in Minneapolis through September 2025. A third call valued at approximately $18,000 involves similar services to be completed by the same date. As the SEC works to protect investors and ensure fair and orderly financial markets, these language capabilities are likely intended to facilitate its oversight and enforcement activities involving non-English documents and international entities. The original Multiple Award Schedule solicitation cited anticipated qualitative benefits from consolidation including improved customer access and a more streamlined contracting process.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Translation services | Securities and Exchange Commission | $66,888 | |
| Language services | Securities and Exchange Commission | $1,594,906 | |
| Language services | Securities and Exchange Commission | $7,633 | |
| Language services | Securities and Exchange Commission | $14,903 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Subawards
| Subcontractor | Amount | Awarded |
|---|---|---|
| Translations International Inc. | $0 |
Quick answers
Who was awarded contract 50310220A0022?
50310220A0022 was awarded to Latitude Prime LLC by Securities and Exchange Commission on September 17, 2020.
How much is contract 50310220A0022 worth?
Orders under 50310220A0022 have obligated $1,684,331. 50310220A0022's own ceiling is $2,500,000.
How many orders have been placed under contract 50310220A0022?
4 orders have been placed under 50310220A0022, the latest on July 2, 2024.
Who can order from contract 50310220A0022?
50310220A0022 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.
Is contract 50310220A0022 under another contract?
Yes. 50310220A0022 is a blanket purchase agreement under 47QRAA20D0053, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 50310220A0022 competed?
The extent of competition for 50310220A0022 was full and open competition. The government received 3 offers. It was set aside: Competitive 8(a).
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