Indefinite Delivery Contract 77344424D0014

Award Date 12/22/23
Last Date to Order 12/31/28
Federal Contract Vehicle
Pricing Type
Order Dependent (IDV only)
Legislative Mandate
Not listed
National Interest Action
None
Award Type
Single
Primary Consortia Member
Not listed

This single-award IDV was issued by the International Development Finance Corporation to provide direct equity consulting services for its Office of Equity & Investment Funds. With a potential value of $7.5 million and a period of performance through December 2028, McKinsey & Company will serve as the prime contractor.

The solicitation sought proposals for an indefinite delivery contract to establish a pool of consultants to support OEIF's direct equity investment activities. Specifically, the awardee will provide advisory services related to transaction sourcing and underwriting, portfolio monitoring, and capital deployment strategies. No set-aside provisions were applied to this procurement. The description indicates additional funding may be obligated in future option years to sustain service levels as OEIF's portfolio grows.

As the U.S. government's development finance institution, the IFC utilizes tools like equity investments, loans, and political risk insurance to mobilize private capital for development projects in lower-income countries. By establishing an on-call roster of specialized advisors, this IDV aims to bolster the IFC's ability to evaluate new investment opportunities, oversee existing equity positions, and optimize allocation of resources toward achieving its mission. McKinsey's global expertise in financial advisory makes it well-suited to assist the IFC as it expands its direct investment activities overseas.

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