SBA 504 program - CDC risk based review and risk oversight support services for the office of capital access/office of credit risk management.
Ended Indefinite Delivery Contract Awarded Last action
- Contract number
- 73351019D0013
- Awardee
-
Kingstonville-Mercadien JV LLC UEI W63CFMWNGJV7
- Awarding agency
-
Office of Performance Management and the Chief Financial Officer
Small Business Administration
- Task orders
- 10 $18,536,954 obligated
Award facts
- Opportunity
-
- 504 risk oversight and support services IDIQ Pre-Solicitation · 73351019R0002 · Posted Apr 23, 2019
- SBA 504 Program - CDC Risk Based Review and Risk Oversight Support Services for the Office of Capital Access/Office of Credit Risk Management Award Notice · Posted Jun 20, 2019
- Combined order value
-
- $18,536,954 Current, with exercised options
- $21,206,800 Potential, with all options
- Last date to order 100% complete
- IDV ceiling 93% used
- $20,000,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- Funding agency
- Office of Credit Risk Management Small Business Administration
- NAICS code
- 541211 Offices of Certified Public Accountants
- Set-aside
- Competitive 8(a)
- Competition
- Full and Open Competition after exclusion of sources · 2 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Clinger-Cohen Act FAR part 39
Award details come from SAM.gov/FPDS.
About this IDV
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.
Task orders
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Change Order | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Supplemental Agreement for work within scope | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract 73351019D0013?
73351019D0013 was awarded to Kingstonville-Mercadien JV LLC by Office of Performance Management and the Chief Financial Officer (Small Business Administration) on September 27, 2019.
How much is contract 73351019D0013 worth?
Orders under 73351019D0013 have obligated $18,536,954. Their combined potential value, with all options, is $21,206,800. 73351019D0013's own ceiling is $20,000,000.
How many orders have been placed under contract 73351019D0013?
10 orders have been placed under 73351019D0013, the latest on September 27, 2023.
Which agency awarded contract 73351019D0013?
Office of Performance Management and the Chief Financial Officer (Small Business Administration) awarded 73351019D0013, with funding from Office of Credit Risk Management (Small Business Administration).
Who can order from contract 73351019D0013?
73351019D0013 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 73351019D0013 competed?
The extent of competition for 73351019D0013 was full and open competition after exclusion of sources. The government received 2 offers. It was set aside: Competitive 8(a).
On GovTribe
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