Fiscal Transfer Agent CARES Act Support
Awarded Limited / Sole Source Justification Posted
- Solicitation number
- 73351020C0017
- Set-aside
- No set-aside
Opportunity facts
- Contract number
- 73351020C0017 Federal contract award
- NAICS code
- 523991 Trust, Fiduciary, and Custody Activities
- PSC
- R499 Support- Professional: Other
- Place of performance
- NY 10007 USA
Notice details come from SAM.gov. Updated .
About this opportunity
The Small Business Administration published a Limited/Sole Source Justification Notice on August 5, 2020 to award a contract noncompetitively to Colson Services Corp. Colson will provide fiscal transfer agent services and data related to loans authorized under the Coronavirus Aid, Relief, and Economic Security Act, drawing from its existing information technology systems that house loan data for the SBA's 7(a) loan program. Two memorandums justify the sole source award under urgent and compelling circumstances due to Colson's status as the incumbent fiscal transfer agent and sole access to necessary IT systems. The contract was awarded to Colson Services Corp. on July 1, 2020 for an unknown value to enable added CARES Act loan data to existing 7(a) loan program processes.
Notice text
Contractor is Colson Services Corp. which currently provides Fiscal Transfer Agent (FTA) services to the SBA for the 7(a) guaranty loan programs. This contract requires the FTA to provide data and related services on the loans authorized by the CARES (Coronavirus Aid Relief and Economic Security) Act. This loan data is housed within an IT system sponsored by Colson. No other contractor has access to this IT system.
Attached is (1) a class sole source justification based on urgent and compelling circumstances for a FAR Pt.13 contract action, signed by the SBA SPE (Senior Procurement Executive), and (2) a supplemental sole source justification based on urgent and compelling circumstances, signed by the Contracting Officer and the Supervisory Contracting Officer.
Awarded contract 73351020C0017 to unknown vendor for unknown amount on 2020-07-01.
Attachments
| File | Type | Posted |
|---|---|---|
| 2-73351020C0017.pdf | ||
| 1-73351020C0017.pdf |
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