The purpose for this indefinite delivery, indefinite quantity (IDIQ) contract is to support the project finance federal loan management (pfflm) services.
Active Indefinite Delivery Contract Awarded Last action
- Contract number
- 89303023DLP000011
- Awardee
-
National Association Citibank UEI GMJYK3486VS4 Part of Citigroup Inc.
- Awarding agency
-
Headquarters
Department of Energy
- Task orders
- 2 $337,461 obligated
Award facts
- Opportunity
-
- Project Finance Federal Loan (PFFL) Special Notice · 89303023RLM000019 · Posted Nov 8, 2022
- Combined order value
- $337,461 Current and potential, with all options
- Last date to order 41% complete
- IDV ceiling 17% used
- $1,999,999.00
- Maximum order
- $1,000,000.00
- Award type
- Single award
- Who can order
- Only the awarding agency
- Contracting staff
- Funding agency
- Office of Loan Programs Department of Energy
- NAICS code
- 522390 Other Activities Related to Credit Intermediation
- PSC
- R799 Support- Management: Other
- Set-aside
- No set-aside
- Competition
- Full and Open Competition · 1 offer Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
This indefinite delivery contract (IDC) was awarded by the U.S. Department of Energy's Office of Loan Programs to Citibank, a for-profit banking and financial services company, to support the Project Finance Federal Loan Management (PFFLM) services. The $1,999,999 single award IDC has a period of performance through January 31, 2032.
The contract tasks Citibank with providing services such as master servicing, administrative agent functions, and distressed asset management related to DOE's loan programs authorized under the Energy Policy Act of 2005. Two task orders have been issued to date, valued at $17,000 to facilitate legal transaction fees for transferring assets, and $320,461 to conduct detailed reviews of environmental coverage and assess insurance market dynamics. The work is to be performed in Washington, D.C. This IDC was competed under a full and open commercial services acquisition with no set-asides used.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| The purpose for this task order is to facilitate legal transaction fees in connection to transferring syrah to… | Headquarters | $17,000 | |
| The advisor will be tasked with conducting detailed reviews of environmental coverage and assessing insurance market… | Headquarters | $320,461 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Original award | $1,000 |
Quick answers
Who was awarded contract 89303023DLP000011?
89303023DLP000011 was awarded to National Association Citibank by Headquarters (Department of Energy) on February 1, 2023.
How much is contract 89303023DLP000011 worth?
Orders under 89303023DLP000011 have obligated $337,461. 89303023DLP000011's own ceiling is $1,999,999. A single order can be worth up to $1,000,000.
How many orders have been placed under contract 89303023DLP000011?
2 orders have been placed under 89303023DLP000011, the latest on July 23, 2024.
Which agency awarded contract 89303023DLP000011?
Headquarters (Department of Energy) awarded 89303023DLP000011, with funding from Office of Loan Programs (Department of Energy).
Who can order from contract 89303023DLP000011?
89303023DLP000011 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.
Was contract 89303023DLP000011 competed?
The extent of competition for 89303023DLP000011 was full and open competition. The government received 1 offer.
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