This is a new IDIQ contract for financial advisory services for the build america bureau.
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 693JJ324D000009
- Awardee
-
Ernst & Young LLP UEI ECMMFNMSLXM7
- Awarding agency
-
Federal Highway Administration
Department of Transportation
- Task orders
- 3 $473,304 obligated
Award facts
- Opportunity
-
- Build America Bureau Financial Advisory Services Special Notice · 693JJ324R000004 · Posted Dec 18, 2023
- Combined order value
-
- $478,304 Current, with exercised options
- $521,204 Potential, with all options
- Last date to order 49% complete
- IDV ceiling 5% used
- $9,750,000.00
- 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 · 18 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Immediate Office of the Secretary of Transportation awarded an indefinite-delivery contract to Ernst & Young LLP on May 8, 2024, with a ceiling of $9.75 million for financial advisory services supporting the Build America Bureau. The contract is a multiple-award vehicle with no set-aside designation and carries an ultimate completion date of May 8, 2029.
Financial advisory services procured under this IDIQ include due diligence, credit analysis, financial structuring, modeling, and reporting to support the Bureau's surface transportation infrastructure finance activities. The originating solicitation, posted as a Special Notice in December 2023, solicited contractor feedback on the draft RFP and specified labor categories, rates, and subcontracting goals for both cost-reimbursable and fixed-price task orders.
Performance occurs in New York, New York. Three delivery orders have been issued under this IDIQ to date. On July 2, 2024, a sole-source delivery order valued at $127,500 was awarded for financial advisory services supporting the Massachusetts Bay Transportation Authority Widett Circle Preservation of Right-of-Way and Site Preparation Project, with performance in Washington, D.C. and completion by January 31, 2025. On June 23, 2025, a firm-fixed-price delivery order of $137,400 was issued for the Second Avenue Subway Phase 2 Project, performed in New York and completed January 31, 2027, with a no-cost period-of-performance extension. On December 22, 2025, a firm-fixed-price delivery order of $256,304 was awarded for financial advisory services supporting the I-69 Ohio River Crossing Project–Section 2, with completion targeted for March 31, 2027.
Task orders
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 693JJ324D000009?
693JJ324D000009 was awarded to Ernst & Young LLP by Federal Highway Administration (Department of Transportation) on May 8, 2024.
How much is contract 693JJ324D000009 worth?
Orders under 693JJ324D000009 have obligated $473,304. Their combined current value, with exercised options, is $478,304. Their combined potential value, with all options, is $521,204. 693JJ324D000009's own ceiling is $9,750,000.
How many orders have been placed under contract 693JJ324D000009?
3 orders have been placed under 693JJ324D000009, the latest on December 22, 2025.
Which agency awarded contract 693JJ324D000009?
Federal Highway Administration (Department of Transportation) awarded 693JJ324D000009, with funding from Immediate Office of the Secretary of Transportation (Department of Transportation).
Who can order from contract 693JJ324D000009?
693JJ324D000009 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 693JJ324D000009 competed?
The extent of competition for 693JJ324D000009 was full and open competition. The government received 18 offers.
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