The U.S. Small Business Administration (SBA) awarded a single-award, $20 million indefinite delivery contract (IDC) to Kingstonville-Mercadien JV LLC, a joint venture small business, to provide risk-based review and risk oversight support services for the SBA's 504 Loan Program. This competitive 8(a) set-aside contract has a base period of one year and four option years, running through March 2025. Under this IDC, the SBA has issued multiple delivery orders to Kingstonville-Mercadien JV LLC for firm-fixed price risk management services, including data analytics for loan program oversight, monitoring of certified development company lending portfolios, reviewing disaster loan files, and updating standard operating procedures for on-site lender examinations. The contractor will deliver these services primarily from locations in Washington, D.C., Maryland, and New Jersey. The contract aims to support the SBA's Office of Credit Risk Management and Office of Capital Access in effectively overseeing and mitigating risks within the 504 Loan Program, which provides financing for the acquisition of commercial real estate and long-term fixed assets for small businesses.
Mod # | Description | Reason For Modification | Federal Obligation (Click to sort descending) | Date (Click to sort ascending) |
|---|---|---|---|---|
| P00009 | Other Administrative Action | $0 | 2/14/25 | |
| P00008 | Change Order | $0 | 8/20/24 | |
| P00007 | Other Administrative Action | $0 | 4/11/24 | |
| P00006 | Other Administrative Action | $0 | 2/17/24 | |
| P00005 | Other Administrative Action | $0 | 12/13/23 |
Name | Description | Awardee | Potential Value (Click to sort descending) | Award Date (Click to sort descending) | Completion Date (Click to sort descending) | Updated At (Click to sort descending) |
|---|---|---|---|---|---|---|
Delivery Order 73351019D0013-73351020F0190 | Kingstonville-Mercadien JV LLC | $123.8k | 6/22/20 | 8/22/20 | 6/17/21 | |
Delivery Order 73351019D0013-73351023F0075 | Kingstonville-Mercadien JV LLC | $4.3m | 6/9/23 | 6/8/25 | 2/19/25 | |
Delivery Order 73351019D0013-73351022F0148 | Kingstonville-Mercadien JV LLC | $3.3m | 9/27/22 | 3/31/24 | 2/17/24 | |
Delivery Order 73351019D0013-73351021F0079 | Kingstonville-Mercadien JV LLC | $2.9m | 6/17/21 | 3/31/23 | 7/19/23 | |
Delivery Order 73351019D0013-73351023F0159 | Kingstonville-Mercadien JV LLC | $5.3m | 9/27/23 | 3/26/25 | 2/13/25 |
Name | Description | Solicitation Number | Federal Agency | Type | Posted Date (Click to sort descending) |
|---|---|---|---|---|---|
504 RISK OVERSIGHT AND SUPPORT SERVICES IDIQ | 73351019R0002 | Small Business Administration Office of Performance Management and the Chief Financial Officer | Pre-Solicitation 1/2 | 4/23/19, 4:24 PM | |
SBA 504 Program - CDC Risk Based Review and Risk Oversight Support Services for the Office of Capital Access/Office of Credit Risk Management | 73351019R0002 | Small Business Administration Office of Performance Management and the Chief Financial Officer | Award Notice 2/2 | 6/20/19, 9:07 AM |