Enterprise language services
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 50310225D0002
- Awardee
-
Latitude Prime LLC UEI JTL8NE84JQ78
- Awarding agency
-
Securities and Exchange Commission
- Task orders
- 2 $754,748 obligated
Award facts
- Combined order value
-
- $754,748 Current, with exercised options
- $2,563,032 Potential, with all options
- Last date to order 22% complete
- IDV ceiling 22% used
- $3,500,000.00
- Maximum order
- $3,500,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- NAICS code
- 541930 Translation and Interpretation Services
- Set-aside
- 8(a) Sole Source
- Competition
- Not Available for Competition · 1 offer Only One Source
- Pricing
- Time and Materials
- Legislative mandates
-
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The Securities and Exchange Commission awarded a single-award indefinite-delivery contract to Latitude Prime LLC for enterprise language services with a contract ceiling of $3,500,000 on September 21, 2025. This is an 8(a) sole-source award to an Economically Disadvantaged Women-Owned Small Business, Women-Owned Small Business, and HUBZone-certified firm.
Performance takes place in Minneapolis, Minnesota. The contract covers comprehensive language services including translation, interpretation, and localization across more than 200 languages and dialects to support the SEC's regulatory and enforcement operations.
The period of performance extends through September 20, 2030. Two delivery orders have been issued under this IDIQ. The first, valued at $2,612,353 under time-and-materials pricing, was awarded on September 21, 2025 for enterprise language services, extending through March 2031. The second, valued at $88,326.37 under time-and-materials pricing, was awarded on September 15, 2025 for translation services in support of the SEC's Office of Credit Ratings, also extending through March 2031. Both orders are performed in Minneapolis, Minnesota with no set-aside designation applied at the delivery order level.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Enterprise language services | Securities and Exchange Commission | $724,706 | |
| Provide translation services in support of the office of credit ratings | Securities and Exchange Commission | $30,042 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 50310225D0002?
50310225D0002 was awarded to Latitude Prime LLC by Securities and Exchange Commission on September 21, 2025.
How much is contract 50310225D0002 worth?
Orders under 50310225D0002 have obligated $754,748. Their combined potential value, with all options, is $2,563,032. 50310225D0002's own ceiling is $3,500,000. A single order can be worth up to $3,500,000.
How many orders have been placed under contract 50310225D0002?
2 orders have been placed under 50310225D0002, the latest on September 21, 2025.
Who can order from contract 50310225D0002?
50310225D0002 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 50310225D0002 competed?
The extent of competition for 50310225D0002 was not available for competition. The government received 1 offer. It was set aside: 8(a) Sole Source.
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