IDIQ for build america bureau financial advisory services
Ended Awarded Last action
- Contract number
- 693JJ319D300010
- Awardee
-
Jones Lang Lasalle Americas, Inc. UEI NE9KSKUZ8CW9 Part of Union Station Venture, LTD.
- Awarding agency
-
Federal Highway Administration
Department of Transportation
- Task orders
- 4 $387,718 obligated
Award facts
- Opportunity
-
- 693JJ318R000030 Solicitation number
- Combined order value
- $402,718 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 3% used
- $11,230,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- Contracting staff
- Funding agency
- Immediate Office of the Secretary of Transportation Department of Transportation
- NAICS code
- 541611 Administrative Management and General Management Consulting Services
- PSC
- R499 Support- Professional: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 14 offers Negotiated Proposal / Quote
- Pricing
- Order Dependent (IDV only)
Award details come from SAM.gov/FPDS.
About this IDV
The U.S. Department of Transportation's Immediate Office of the Secretary awarded a multiple-award Indefinite Delivery Contract (IDC) valued at $11.23 million to Jones Lang LaSalle Americas, Inc. for financial advisory services supporting the Build America Bureau. Awarded on November 8, 2018, with an ultimate completion date of May 7, 2024, this indefinite delivery vehicle was structured to provide task order issuance for financial structuring, due diligence, and infrastructure finance activities across multiple federal transportation projects. The contract was awarded without small business set-aside designation, reflecting the contractor's competitive standing as a large commercial enterprise. Jones Lang LaSalle Americas, operating through its Public Institutions Division as a subsidiary of Union Station Venture, LTD., is a global commercial real estate services firm headquartered in Washington, D.C., specializing in comprehensive real estate advisory, facilities management, property appraisals, and financial consulting services to federal agencies. All work was performed in Washington, D.C.
The contract generated multiple delivery orders supporting critical transportation infrastructure initiatives, including the Hudson Tunnel Project (no-cost extension of $181,250 through May 1, 2025), Interstate 81 regular and rural projects ($141,950 completed by January 31, 2023), the Moynihan Train Hall TIFIA Loan Replacement project ($130,720 completed by January 31, 2022), and the Nice/Middletown Bridge Replacement Project ($108,598 completed by June 30, 2022). Each delivery order was structured as a firm fixed-price engagement without set-aside designation and involved financial advisory services including de-obligation of remaining funds and project closeout activities. Collectively, these task orders demonstrate the Build America Bureau's utilization of specialized financial expertise to support infrastructure development, financing, and program administration across multiple transportation corridors and project types within the northeastern and national transportation systems.
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | -$20,000 | |
| Exercise an Option | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Novation Agreement | $0 | |
| Original award | $20,000 |
Quick answers
Who was awarded contract 693JJ319D300010?
693JJ319D300010 was awarded to Jones Lang Lasalle Americas, Inc. by Federal Highway Administration (Department of Transportation) on November 8, 2018.
How much is contract 693JJ319D300010 worth?
Orders under 693JJ319D300010 have obligated $387,718. Their combined current value, with exercised options, is $402,718. 693JJ319D300010's own ceiling is $11,230,000.
How many orders have been placed under contract 693JJ319D300010?
4 orders have been placed under 693JJ319D300010, the latest on September 22, 2023.
Which agency awarded contract 693JJ319D300010?
Federal Highway Administration (Department of Transportation) awarded 693JJ319D300010, with funding from Immediate Office of the Secretary of Transportation (Department of Transportation).
Who can order from contract 693JJ319D300010?
693JJ319D300010 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Is contract 693JJ319D300010 part of a contract vehicle?
Yes. 693JJ319D300010 is part of Build America Bureau Financial Advisory Services.
Was contract 693JJ319D300010 competed?
The extent of competition for 693JJ319D300010 was full and open competition. The government received 14 offers.
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