Financial advisor to the mark-to-market program and restructuring activities -PMR-06-004

Ended Indefinite Delivery Contract Awarded Last action

Contract number
HUDDCATL01866
Awardee
Awarding agency
Task orders
8 $3,500,320 obligated

Award facts

Combined order value
$3,500,320 Current and potential, with all options
Last date to order 100% complete
IDV ceiling 50% used
$6,972,886.00
Award type
Single award
Who can order
Only the awarding agency
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 was awarded by the Department of Housing and Urban Development (HUD) to Federal Practice Group LLC, a for-profit limited liability company, to provide financial advisory services to HUD's Mark-to-Market (M2M) Program and related restructuring activities. The original contract ceiling value was $6,972,886.00 and was awarded on September 30, 2006 with an ultimate completion date of August 8, 2012.

Under this IDV, HUD has issued several task orders to Federal Practice Group, including labor-hour and firm-fixed-price delivery orders totaling over $3 million. The task orders cover a range of financial advisory services in support of HUD's M2M Program and restructuring activities, including work related to the American Recovery and Reinvestment Act (ARRA). The contract and task orders did not utilize any set-aside designations. All work was performed in Washington, DC. This IDV appears to be a key vehicle through which HUD has procured financial advisory support for its multifamily housing portfolio management and restructuring initiatives.

Task orders

Transactions

Action Obligated Date
Close Out M0013 · Deobligate outstanding funds and closeout contract. -$27,114
Close Out M0012 · Closeout contract $0
Supplemental Agreement for work within scope M0011 · Modify contract to increase value of arra activities during 4TH option year $0
Exercise an Option M0010 · Exercise option for option YR #4 (last option) for performance period september 30, 2010 through september 29, 2010. Actual funding will be on task orders. $0
Other Administrative Action M0009 · Increase value of non-arra portion of OP 3 by $550,000 and decrease value of non-arra portion of OP 4 by the same amount to resule in zero change to overall… $0
Supplemental Agreement for work within scope M0008 · Modify contract to increase value to allow for additional arra funding as requested by request R-2010-HR-00116. Money will be added by task order. $0
Exercise an Option M0007 · Exercise option for option year 3. Actual funding will be on task order to be done under request R-2009-HR-00349, NSC, 6/3 $0
Supplemental Agreement for work within scope M0006 · Modify contract to increase value for arra related work, the funding for which will be done on separate task order arra::yes::arra $0
Supplemental Agreement for work within scope M0005 · Increase value of option year 2 by $550,590 to accommodate task order issuance done under request R-2009-HR-00348 and decrease value of option year 3 by same… $0
Other Administrative Action M0003 $0
Exercise an Option M0004 $1,800,000
Exercise an Option M0002 $2,500,000
Other Administrative Action M0001 $0
Original award $2,700,000
Show all 14

Quick answers

Who was awarded contract HUDDCATL01866?

HUDDCATL01866 was awarded to Federal Practice Group LLC by Department of Housing and Urban Development on September 30, 2006.

How much is contract HUDDCATL01866 worth?

Orders under HUDDCATL01866 have obligated $3,500,320. HUDDCATL01866's own ceiling is $6,972,886.

How many orders have been placed under contract HUDDCATL01866?

8 orders have been placed under HUDDCATL01866, the latest on September 30, 2010.

Who can order from contract HUDDCATL01866?

HUDDCATL01866 is a single award indefinite delivery contract. Only the awarding agency can place orders on it.

Was contract HUDDCATL01866 competed?

The extent of competition for HUDDCATL01866 was full and open competition. The government received 1 offer.

On GovTribe

See this IDV's full record

  • Every order and transaction
  • The awardee's other awards and teaming partners
  • Similar IDVs and recompete opportunities
  • Ask GovTribe AI about this IDV