This is a new IDIQ contract for financial advisory services for the build america bureau.
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 693JJ324D000014
- Awardee
-
PFM Financial Advisors LLC UEI G75NX1N6L228
- Awarding agency
-
Federal Highway Administration
Department of Transportation
- Task orders
- 6 $850,200 obligated
Award facts
- Opportunity
-
- Build America Bureau Financial Advisory Services Special Notice · 693JJ324R000004 · Posted Dec 18, 2023
- Combined order value
- $850,200 Current and potential, with all options
- Last date to order 49% complete
- IDV ceiling 9% 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 Department of Transportation's Immediate Office of the Secretary awarded an indefinite-delivery contract to PFM Financial Advisors LLC on May 8, 2024, with a $9.75 million ceiling through May 8, 2029, as one of multiple awards to provide financial advisory services for the Build America Bureau's surface transportation infrastructure financing mission.
Work is performed in Philadelphia, Pennsylvania. The IDIQ authorizes both cost-reimbursable and firm-fixed-price task orders covering financial modeling, due diligence analysis, credit analysis, financial structuring, transaction support, and strategic financial consultation for surface transportation infrastructure projects.
Five delivery orders totaling $730.2 thousand have been issued under this IDIQ as of June 2026. Recent orders include a $318.5 thousand delivery order for the I-24 Southeast Choice Lane Project (completion June 30, 2027), a $145 thousand order for the Kansas City Missouri South Loop project (completion January 31, 2027), a $143 thousand order for the METRA Bridge Improvement Program Phase 1 (completion June 30, 2026), a $124.7 thousand order for the Chicago Keeps America Moving (Canal Edge) Project (completion November 30, 2026), and a $20 thousand minimum guarantee order (completion May 8, 2029). All orders carry no set-aside designation.
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 693JJ324D000014?
693JJ324D000014 was awarded to PFM Financial Advisors LLC by Federal Highway Administration (Department of Transportation) on May 8, 2024.
How much is contract 693JJ324D000014 worth?
Orders under 693JJ324D000014 have obligated $850,200. 693JJ324D000014's own ceiling is $9,750,000.
How many orders have been placed under contract 693JJ324D000014?
6 orders have been placed under 693JJ324D000014, the latest on June 1, 2026.
Which agency awarded contract 693JJ324D000014?
Federal Highway Administration (Department of Transportation) awarded 693JJ324D000014, with funding from Immediate Office of the Secretary of Transportation (Department of Transportation).
Who can order from contract 693JJ324D000014?
693JJ324D000014 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 693JJ324D000014 competed?
The extent of competition for 693JJ324D000014 was full and open competition. The government received 18 offers.
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