Retirement Specialists - Limited Sources Justification for Modification to Task Order under BPA TCC16HQB0006

Awarded Limited / Sole Source Justification Posted

Solicitation number
6647
Agency
Set-aside
No set-aside

Opportunity facts

Contract number
2031JW21F00067 Federal contract award
Place of performance
Washington, District of Columbia, United States

Notice details come from SAM.gov. Updated .

About this opportunity

The Department of the Treasury's Office of the Comptroller of the Currency has issued a Limited Sources Justification Notice for a contract modification with Knowledgebank Inc. to add an additional Retirement Support Specialist to an existing task order. The modification, valued at $154,711.87, will increase the total contract value from $821,258.09 to $975,969.96, and is necessitated by unexpected increases in employee retirement processing workload resulting from the Voluntary Transfer Program and Deferred Retirement Program. The justification is processed under FAR 8.405-6(a)(1)(i)(A) for urgent and compelling needs, with the government arguing that a full competitive procurement would cause unacceptable delays in retirement processing, potentially leading to benefit start date issues, payment errors, and employee grievances. The additional specialist will support the Office of Human Capital from May 15, 2025, through February 28, 2026, with the original requirement having been competitively solicited in 2021 as a small business set-aside. The government anticipates competing future requirements through standard competitive procedures.

Notice text

This notice is published in accordance with FAR 8.405-6(a)(2) to fulfill the requirement to post a Limited Sources Justification (LSJ) for a task order modification under BPA TCC16HQB0006, issued by the Office of the Comptroller of the Currency.

The modification increases the order value by $154,711.87 and was executed without further competition, as allowed under FAR 8.405-6(a)(1)(i). The LSJ supports the use of limited sources due to urgent and compelling circumstances.

The approved justification is attached and is being made publicly available for a minimum of 30 days following award/modification. Proprietary information has been redacted as necessary.

Attachment:

Limited Sources Justification – Redacted (PDF)

Awarded contract 2031JW21F00067 to unknown vendor for unknown amount on 2025-05-13.

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