Budget formulation and execution manager (BFEM)

Ended Awarded Last action

Contract number
2033H623A00008
Awardee
Awarding agency
Task orders
2 $1,301,872 obligated

Award facts

Opportunity
  • QUOTEFORBFEMBPA Solicitation number
Combined order value
  • $1,301,872 Current, with exercised options
  • $1,515,098 Potential, with all options
Last date to order 100% complete
IDV ceiling 20% used
$6,500,000.00
Award type
Single award
Who can order
Only the awarding agency
Set-aside
No set-aside
Competition
Full and Open Competition · 1 offer Multiple Award, Fair Opportunity
Pricing
Firm Fixed Price
Legislative mandates

Award details come from SAM.gov/FPDS.

About this IDV

This Blanket Purchase Agreement (BPA) contract was awarded by the Bureau of the Fiscal Service, a civilian agency within the Department of the Treasury, to TCG Inc., a for-profit IT services company. The contract has a ceiling value of $6,500,000 and a period of performance through June 30, 2025. The purpose of the contract is to provide Budget Formulation and Execution Manager (BFEM) services, including general IT support and operational services.

Under this BPA, two task orders have been issued to date. The first task order, valued at $704,693.76, provides general and operational IT support services, with TCG subcontracting a portion of the work to Aspex Inc., a small minority-owned IT firm. The second task order, valued at $1,056,687.70, is specifically for BFEM services, again with TCG subcontracting a portion to Aspex Inc. for software development, maintenance, and configuration support. Both task orders are Firm Fixed Price contracts with no set-aside designation. The work is to be performed in Parkersburg, West Virginia.

Task orders

Task order Ordering agency Obligated Awarded
General & operational support 2033H625F00008 Bureau of the Fiscal Service $458,410
Budget formulation and execution manager (BFEM) BPA task order 1 2033H624F00010 Bureau of the Fiscal Service $843,461

Transactions

Action Obligated Date
Terminate for Convenience P00005 · Budget formulation and execution manager - termination for convenience, termination effective date 06/30/2025. $0
Supplemental Agreement for work within scope P00004 $0
Other Administrative Action P00003 $0
Exercise an Option P00002 $0
Other Administrative Action P00001 $0
Original award $0

Subawards

Subcontractor Amount Awarded
Aspex, Inc. GENERAL & OPERATIONAL SUPPORT Throughout the period of performance, the subcontractor shall address any BFEM operational issues that may occur. The tasks… $305,251

Quick answers

Who was awarded contract 2033H623A00008?

2033H623A00008 was awarded to TCG Inc. by Bureau of the Fiscal Service (Department of the Treasury) on October 1, 2023.

How much is contract 2033H623A00008 worth?

Orders under 2033H623A00008 have obligated $1,301,872. Their combined potential value, with all options, is $1,515,098. 2033H623A00008's own ceiling is $6,500,000.

How many orders have been placed under contract 2033H623A00008?

2 orders have been placed under 2033H623A00008, the latest on October 1, 2024.

Who can order from contract 2033H623A00008?

2033H623A00008 is a single award blanket purchase agreement. Only the awarding agency can place orders on it.

Is contract 2033H623A00008 under another contract?

Yes. 2033H623A00008 is a blanket purchase agreement under GS35F069GA, a federal supply schedule, on Multiple Award Schedule (MAS).

Was contract 2033H623A00008 competed?

The extent of competition for 2033H623A00008 was full and open competition. The government received 1 offer.

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