Credit reporting services
Active Awarded Last action
- Contract number
- HS002123D0004
- Awardee
-
Verato, Inc. UEI LDN5TKHEWBK7
- Awarding agency
-
Defense Counterintelligence and Security Agency
Department of Defense
- Task orders
- 3 $11,574,831 obligated
Award facts
- Opportunity
-
- Credit Reporting Solicitation · HS002123R0016 · Posted Mar 21, 2023
- Combined order value
- $14,021,329 Current and potential, with all options
- Last date to order 32% complete
- IDV ceiling 4% used
- $330,000,000.00
- Award type
- Multiple award
- Who can order
- Only the awarding agency
- Contracting staff
- NAICS code
- 561450 Credit Bureaus
- Set-aside
- Total Small Business
- Competition
- Full and Open Competition after exclusion of sources · 8 offers Negotiated Proposal / Quote
- Pricing
- Firm Fixed Price
- Legislative mandates
-
- Service Contract Act FAR subpart 22.10
- Service Contract Inventory FAR subpart 4.17
Award details come from SAM.gov/FPDS.
About this IDV
The Defense Counterintelligence and Security Agency awarded a multiple-award indefinite-delivery contract to Verato, Inc. on August 24, 2023, for credit reporting services, with a ceiling of $330 million and an ultimate completion date of August 23, 2033. This is a total small business set-aside.
Place of performance includes West McLean, Virginia (primary), Washington, DC, and distributed locations nationwide including Boca Raton, Florida; Brooklyn Heights, New York; Cedar Rapids, Iowa; and Brunswick, Georgia.
The originating solicitation sought management of the Background Investigation Enterprise System (BIES) Program, including system security considerations, incident reporting, audit trail responsibilities, training and awareness services, and operational security mode for a three-year base term.
The period of performance extends ten years from award through August 23, 2033.
Recent delivery-order activity under this IDIQ includes an $8,052,358.95 firm fixed-price order issued May 1, 2026, for single and tri-merge credit reports with performance in Boca Raton, Florida and completion by October 31, 2026; a $5,960,000 order issued May 1, 2024, for single credit reports with performance in West McLean, Virginia and completion by April 30, 2025; and an $8,970 minimum-guarantee order for single credit reports issued August 24, 2023, with performance in West McLean, Virginia and completion by December 31, 2023.
Verato is a small business operating under the small disadvantaged business certification of its subsidiary, Araxid, Inc.
Task orders
| Task order | Ordering agency | Obligated | Awarded |
|---|---|---|---|
| Single credit reports and TRI-merge credit reports | Defense Counterintelligence and Security Agency | $5,605,861 | |
| Single credit reports | Defense Counterintelligence and Security Agency | $5,960,000 | |
| Single credit reports minimum guarantee | Defense Counterintelligence and Security Agency | $8,970 |
Transactions
| Action | Obligated | Date |
|---|---|---|
| Supplemental Agreement for work within scope | $0 | |
| Other Administrative Action | $0 | |
| Original award | $0 |
Quick answers
Who was awarded contract HS002123D0004?
HS002123D0004 was awarded to Verato, Inc. by Defense Counterintelligence and Security Agency (Department of Defense) on August 24, 2023.
How much is contract HS002123D0004 worth?
Orders under HS002123D0004 have obligated $11,574,831. Their combined current value, with exercised options, is $14,021,329. HS002123D0004's own ceiling is $330,000,000.
How many orders have been placed under contract HS002123D0004?
3 orders have been placed under HS002123D0004, the latest on May 1, 2026.
Who can order from contract HS002123D0004?
HS002123D0004 is a multiple award indefinite delivery contract. Only the awarding agency can place orders on it.
Is contract HS002123D0004 part of a contract vehicle?
Yes. HS002123D0004 is part of Credit Reporting Services.
Was contract HS002123D0004 competed?
The extent of competition for HS002123D0004 was full and open competition after exclusion of sources. The government received 8 offers. It was set aside: Total Small Business.
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