This is a blanket purchase agreement (BPA) to provide assistance to the title XI program. The selected firms will assist DOT to evaluate applications for federal credit assistance. The number of…
Ended Blanket Purchase Agreement Awarded Last action
- Contract number
- 693JF720A000003
- Awardee
-
Jones Lang Lasalle Americas, Inc. UEI NE9KSKUZ8CW9 Part of Union Station Venture, LTD.
- Awarding agency
-
Maritime Administration
Department of Transportation
- Task orders
- 5 $355,783 obligated
Award facts
- Opportunity
-
- Title XI program advisory services Solicitation · 693JF720R000020 · Posted Jun 24, 2020
- Combined order value
- $355,783 Current and potential, with all options
- Last date to order 100% complete
- Award type
- Single award
- Who can order
- Only the awarding agency
- NAICS code
- 541618 Other Management Consulting Services
- Set-aside
- No set-aside
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
This Blanket Purchase Agreement (BPA) was awarded by the Maritime Administration (MARAD), a civilian agency within the U.S. Department of Transportation, to Jones Lang LaSalle Americas, Inc. (JLL), a subsidiary of Union Station Venture, LTD. The $200,000 BPA was awarded on September 18, 2020 and has an ultimate completion date of September 29, 2026. The purpose of this BPA is to provide financial advisory and evaluation services to support MARAD's Title XI federal credit assistance program. JLL, a large commercial real estate services firm, will assist MARAD in evaluating applications for Title XI credit assistance as well as provide research and special advisory services to support the program's requirements. The number of task orders issued will depend on the demand for federal credit assistance, with most upcoming credit transactions expected to result in task order awards for financial advisors.
Under this BPA, MARAD has issued multiple firm fixed-price task orders to JLL, valued between $49,619 and $90,000, to provide independent financial advisor reports and evaluation services related to specific Title XI applications, such as for offshore wind energy initiatives and vessel/shipyard financing transactions. These task orders leverage JLL's expertise in project finance, municipal/corporate bond markets, and public-private partnerships to support MARAD's evaluation of credit assistance requests. The original solicitation, posted on June 24, 2020, did not utilize any small business set-asides, indicating MARAD's intent to award the BPA to a large commercial enterprise capable of delivering the required specialized financial advisory services.
Description
This is a blanket purchase agreement (BPA) to provide assistance to the title XI program. The selected firms will assist DOT to evaluate applications for federal credit assistance. The number of task orders issued will depend on the demand for FE
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Vendor DUNS or Name Change - Non-Novation | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 693JF720A000003?
693JF720A000003 was awarded to Jones Lang Lasalle Americas, Inc. by Maritime Administration (Department of Transportation) on September 18, 2020.
How much is contract 693JF720A000003 worth?
Orders under 693JF720A000003 have obligated $355,783.
How many orders have been placed under contract 693JF720A000003?
5 orders have been placed under 693JF720A000003, the latest on May 8, 2023.
Who can order from contract 693JF720A000003?
693JF720A000003 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.
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