SBIC Examinations Support

The Small Business Administration Office of Investments and Innovations established this Master IDIQ on September 1, 2017, for professional support of examinations of Small Business Investment Companies (SBICs). Ordering closed on August 30, 2022, more than three years ago; the vehicle is no longer active.

The solicitation contemplated two to three awards for a small-business-complete set-aside, though the award structure in practice differs: three distinct prime contractors—Signet Partners A Corp, Zook Dinon Pa, and RER Solutions, Inc.—have shared 16 delivery orders across the contract's life, with Signet Partners capturing the largest share at $2.8 million of combined potential value across six orders. All task orders are unrestricted (no set-aside designation applied), contradicting the originating solicitation's small-business-complete language.

Work consists of examinations and related services for the SBIC program, funded entirely by the SBA Office of Investment and Innovation. The vehicle is narrowly scoped to a single customer with no geographic variation in place of performance beyond SBA operational requirements. Pricing across awarded orders ranged from approximately $12,000 to $1.03 million, with most orders falling in the $200,000–$550,000 band. The originating RFP estimated initial task orders at $100,000 to $300,000; actual awards exceeded this envelope.

The combined potential value across all 16 task orders is $5.2 million, with 100 percent obligated. Ordering momentum peaked in 2018 (four orders) and 2021 (four orders), with a lull in 2020 (two orders). The most recent task-order award is from September 2021; all subsequent activity consists of modifications to existing orders, primarily administrative closeouts and deobligations. No new orders have been placed since the vehicle's ordering period closed in August 2022, and no extensions or successor vehicles are documented in the source.

The SBA, Office of Investment and Innovation (OII), has a need for professional support of its examinations of SBICs (Small Business Investment Companies).