USAID Public Financial Management II IDIQ (PFM-2)
Ended Master IDIQ Awarded
- Federal agency
-
Bureau for Economic Growth Education and Environment
- Awardees
- 12
- Task orders
- 27
- Obligated
- $384,836,405
Vehicle facts
- Opportunity
-
- SOLOAA17000022 Solicitation number
- Agency
-
- Bureau for Economic Growth Education and Environment Washington Office, US Agency for International Development
- Combined task order value
-
- $438,163,783 Current, with exercised options
- $459,263,331 Potential, with all options
- Last date to order 100% complete
- Shared ceiling 81% used
- $475,000,000.00
- Predecessor
- Public Financial Management Project (PFM)
IDV award and task order details come from SAM.gov/FPDS.
About this vehicle
The USAID Bureau for Economic Growth, Education and Environment established the Public Financial Management II IDIQ on August 7, 2018, with a shared ceiling of $475 million; ordering closed on August 6, 2025, and is no longer available.
The vehicle funded 27 task orders over its active period, with combined potential value of $459.3 million and $384.9 million obligated (84% of potential). Ordering momentum declined sharply after the initial wave—16 orders in 2019 contracted to just 5 by 2022, with no awards since August 2022. The vehicle succeeded the Public Financial Management Project, which expired in 2018.
The scope spans institutional and systems strengthening for public financial management in developing countries, encompassing governance capacity building, fiscal transparency, trade facilitation, economic reform support, and financial-sector technical assistance. Task orders cover activities in dozens of host countries across Asia, Africa, Eastern Europe, and the Middle East. Most were priced cost-plus-fixed-fee; a small number used firm-fixed-price or time-and-materials models.
DAI Global LLC dominated the vehicle by potential value, holding six orders worth $162.4 million combined (35% of all potential value). International Development Group Advisory Services, LLC placed second with seven orders totaling $84.3 million; Deloitte Consulting LLP and The Pragma Corporation rounded out the top tier with $59 million and $55 million respectively. The top five primes captured 86% of combined potential value, indicating significant concentration.
Customer concentration was similarly high: USAID/Sri Lanka and USAID/Regional Development Mission for Asia accounted for the largest order counts and values, while 21 distinct USAID regional missions and offices placed orders across the portfolio. Roughly 85% of task orders carried no set-aside designation; the remainder were small-business awards, reflecting a largely unrestricted competitive environment. Task-order values ranged from under $250,000 to $39.9 million ceiling, with multiple orders in the $20–35 million range reflecting multi-year capacity-building and governance engagements.
Description
This Public Financial Management (PFM) II IDIQ will provide support for the public sector in developing countries that USAID serves. When governments have sound, effective, transparent, gender-aware and accountable systems in place to manage public funds, there is a decrease in opportunities for corruption, inefficiencies and mismanagement.
IDV awards
Show all 12
Latest task orders
Show 15 more
Latest 25 of 27 listed here. See the rest on GovTribe.
Top awardees by obligations
| Rank | Awardee | Obligated | Share |
|---|---|---|---|
| 1 | DAI Global LLC | $140,197,488 | 36% |
| 2 | International Development Group Advisory Services, LLC | $67,492,082 | 18% |
| 3 | Deloitte Consulting LLP | $58,982,975 | 15% |
| 4 | Nathan Associates LLC | $36,197,776 | 9% |
| 5 | The Pragma Corporation | $33,899,936 | 9% |
| 6 | International Business Initiatives LLC | $27,858,387 | 7% |
| 7 | Devtech Systems Inc. | $20,207,761 | 5% |
Top funding agencies by obligations
| Rank | Funding agency | Obligated | Share |
|---|---|---|---|
| 1 | US Agency for International Development | $384,836,405 | 100% |
Obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2025 | $17,391,452 |
| FY2024 | $39,187,458 |
| FY2023 | $85,710,896 |
| FY2022 | $83,098,714 |
| FY2021 | $45,955,940 |
| FY2020 | $53,746,312 |
| FY2019 | $59,745,634 |
Quick answers
What is the PFM-2 contract vehicle?
USAID Public Financial Management II IDIQ (PFM-2) is an indefinite delivery, indefinite quantity (IDIQ) contract vehicle run by Bureau for Economic Growth Education and Environment (Washington Office), awarded on August 7, 2018.
Which companies hold PFM-2?
12 companies hold PFM-2's IDV awards, one each. The latest went to WSP USA Solutions Inc. on August 9, 2018. The awardees whose task orders obligated the most are DAI Global LLC, International Development Group Advisory Services, LLC and Deloitte Consulting LLP.
How much has been spent through PFM-2?
27 task orders have been placed under PFM-2, obligating $384,836,405. Their combined current value, with exercised options, is $438,163,783.
What is the shared ceiling of PFM-2?
PFM-2's shared ceiling is $475,000,000; its task orders have used 81% of it.
Which agencies use PFM-2 the most?
The departments whose task orders under PFM-2 obligated the most are US Agency for International Development ($384,836,405).
How much was obligated through PFM-2 in fiscal year 2025?
Task orders under PFM-2 obligated $17,391,452 in fiscal year 2025.
What came before and after PFM-2?
PFM-2 succeeded Public Financial Management Project (PFM).
On GovTribe
See this vehicle's full record
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