Contractor support for emergency capital investment program (ecip) participant compliance. Ecip participants are required to submit reports. Treasury requires contractor support to validate the…
Active Awarded Last action
- Contract number
- 2032H324A00003
- Awardee
-
Summit Consulting LLC UEI FNYSF7X4ELS5
- Awarding agency
-
Departmental Offices
Department of the Treasury
- Task orders
- 4 $6,950,785 obligated
Award facts
- Opportunity
-
- 2032H323Q00047 Solicitation number
- Combined order value
-
- $6,950,785 Current, with exercised options
- $7,150,205 Potential, with all options
- Last date to order 59% complete
- IDV ceiling 70% used
- $10,000,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R499 Support- Professional: Other
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition · 11 offers Multiple Award, Fair Opportunity
- Pricing
- Labor Hours
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The U.S. Department of the Treasury's Departmental Offices awarded a single-award Blanket Purchase Agreement (BPA) valued at $10 million to Summit Consulting LLC, a minority-owned small disadvantaged business headquartered in Washington, D.C., effective November 15, 2023, through November 14, 2028. The BPA was issued under the General Services Administration's Multiple Award Schedule (MAS) contract vehicle with a Total Small Business set-aside designation. Summit Consulting will provide comprehensive financial support services to Treasury, including financial reporting, internal controls support, payment processing, budget formulation, and compliance validation services. The contractor will support Treasury's Emergency Capital Investment Program (ECIP) by validating the accuracy of participant-submitted compliance reports and will deliver ongoing financial management and internal controls support across Treasury's Departmental Offices operations.
As of the information provided, four task orders have been issued against this BPA totaling approximately $9.025 million in ceiling values. These task orders include a $3.85 million labor-hour engagement for financial reporting and internal controls support (awarded June 13, 2025, completion June 17, 2027); a $1.29 million engagement for ECIP participant compliance validation (awarded April 22, 2025, completion April 21, 2027); a $3.29 million engagement supporting the Office of Capital Access for economic relief and recovery program financial management (awarded June 18, 2024, completion June 17, 2025); and a $599,386 labor-hour engagement providing financial support services to the Federal Financing Bank (awarded October 25, 2025, completion October 24, 2028). All task orders are priced on a labor-hour basis with performance conducted at Summit Consulting's Washington, D.C. location, and all were awarded without additional set-aside designations, demonstrating competitive selection against unrestricted bidders.
Description
Contractor support for emergency capital investment program (ecip) participant compliance. Ecip participants are required to submit reports. Treasury requires contractor support to validate the accuracy of these reports.
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 2032H324A00003?
2032H324A00003 was awarded to Summit Consulting LLC by Departmental Offices (Department of the Treasury) on November 15, 2023.
How much is contract 2032H324A00003 worth?
Orders under 2032H324A00003 have obligated $6,950,785. Their combined potential value, with all options, is $7,150,205. 2032H324A00003's own ceiling is $10,000,000.
How many orders have been placed under contract 2032H324A00003?
4 orders have been placed under 2032H324A00003, the latest on October 25, 2025.
Who can order from contract 2032H324A00003?
2032H324A00003 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.
Is contract 2032H324A00003 under another contract?
Yes. 2032H324A00003 is a blanket purchase agreement under GS00F122CA, a federal supply schedule, on Multiple Award Schedule (MAS).
Was contract 2032H324A00003 competed?
The extent of competition for 2032H324A00003 was full and open competition. The government received 11 offers. It was set aside: Total Small Business.
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