Financial management oversight- professional contractor support to provide the department of transportation (DOT), federal transit administration (FTA) with financial management oversight (FMO)…
Ended Awarded Last action
- Contract number
- DTFT6016D00005
- Awardee
-
Tuba Group, Inc. UEI HFTZMGK1SDJ9
- Awarding agency
-
Federal Transit Administration
Department of Transportation
- Task orders
- 45 $6,271,646 obligated
Award facts
- Opportunity
-
- DTFT6015R00003 Solicitation number
- Financial Management Oversight Program - FMO Award Notice · Posted Jun 3, 2015
- Combined order value
- $6,271,646 Current and potential, with all options
- Last date to order 100% complete
- IDV ceiling 21% used
- $30,563,275.00
- Maximum order
- $30,563,275.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- NAICS code
- 541211 Offices of Certified Public Accountants
- PSC
- R703 Support- Management: Accounting
- Set-aside
- Competitive 8(a)
- Competition
- Full and Open Competition after exclusion of sources · 12 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
Award details come from SAM.gov/FPDS.
About this IDV
The Federal Transit Administration (FTA) awarded a multiple-award Indefinite Delivery Contract valued at $30.6 million to Tuba Group, Inc., a minority-owned small disadvantaged business, under the Financial Management Oversight (FMO) Program. Awarded February 23, 2016, with an ultimate completion date of May 13, 2022, this competitive 8(a) set-aside contract provides professional contractor support to deliver comprehensive financial management oversight services to the FTA. The primary objective is to examine grantee performance and adherence to current Office of Management and Budget (OMB) and FTA requirements and policies, continuing a program mandate originally established by Congress in 1991. All work is performed on a labor-hour pricing basis with locations primarily in Washington, D.C., and the contract operates under a competitive procurement vehicle without additional set-asides on individual task orders.
The contract delivers a diverse portfolio of financial management oversight services spanning cost allocation plan reviews, indirect cost rate proposal reviews, full-scope financial reviews, and fiscal-year-specific examination activities. Task orders demonstrate the breadth of services provided, including specialized engagements such as COVID-19 fund financial reviews, webinar and workshop development on indirect costs and financial compliance, technical assistance to transit authorities, and compliance consultation services for transit agencies nationwide. Tuba Group supports the FTA's financial stewardship obligations by conducting detailed reviews of transit grantees across multiple metropolitan areas and regional transportation authorities, developing training materials for FTA oversight personnel, and providing specialized financial management consultation. The cumulative value of task orders issued from 2016 through 2022 exceeds $5.1 million, reflecting sustained utilization of the indefinite delivery vehicle for the agency's ongoing financial management oversight and technical assistance requirements across the federal transit system.
Description
Financial management oversight- professional contractor support to provide the department of transportation (DOT), federal transit administration (FTA) with financial management oversight (FMO) program services to examine grantee performance and adherence to current OMB and FTA requirement and policies. The contractor will be utilized by FTA to continue the responsibility of the FMO program as first mandated by congress in 1991.
Task orders
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Transactions
| Action | Obligated | Date |
|---|---|---|
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Other Administrative Action | $0 | |
| Exercise an Option | $0 | |
| Original award | $0 |
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Quick answers
Who was awarded contract DTFT6016D00005?
DTFT6016D00005 was awarded to Tuba Group, Inc. by Federal Transit Administration (Department of Transportation) on February 23, 2016.
How much is contract DTFT6016D00005 worth?
Orders under DTFT6016D00005 have obligated $6,271,646. DTFT6016D00005's own ceiling is $30,563,275. A single order can be worth up to $30,563,275.
How many orders have been placed under contract DTFT6016D00005?
45 orders have been placed under DTFT6016D00005, the latest on May 10, 2022.
Who can order from contract DTFT6016D00005?
DTFT6016D00005 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Is contract DTFT6016D00005 part of a contract vehicle?
Yes. DTFT6016D00005 is part of Financial Management Oversight Program (FMO).
Was contract DTFT6016D00005 competed?
The extent of competition for DTFT6016D00005 was full and open competition after exclusion of sources. The government received 12 offers. It was set aside: Competitive 8(a).
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