12C0BA22D0002 - ECONNECTIVITY SUPPORT SERVICES FOR THE USDA-RURAL ...
Federal Contract Award Search » IDC Award - Rural eConnectivity Support Services for the Reconnect Program
This IDC contract for Program Management was awarded in FY2022 on Nov 1, 2021 to FALCON CAPITAL ADVISORS LLC by Rural Utilities Service. There have been $16.2M in obligations to date with a ceiling value of $25M, showing a 65% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 2 offers received. We expect a 3 year duration with ultimate completion date of Nov 16, 2024.
FALCON CAPITAL ADVISORS LLC is a contractor located in VA, doing primarily Financial services work for Housing and Urban Development. The company receives $11.2M annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.
The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.
- Contract Number
- 12C0BA22D0002
- Contractor
- FALCON CAPITAL ADVISORS LLC
- Obligations to Date
- $16.2M
- Ceiling Value
- $25M
- Award Date
- 11/01/2021
- Contract Type
- IDC
- Contract Vehicle
- Rural eConnectivity Support Services for the Reconnect Program
- Competition Set Aside Type
- Small Business Set-Aside -- Total
- Buying Agency/Office
- Agriculture»Rural Development»Rural Utilities Service
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 12C0BZ22F0001 | FALCON CAPITAL ADVISORS LLC | $6M | 02/02/2022 |
| 12C0BZ22F0003 | FALCON CAPITAL ADVISORS LLC | $46.1k | 03/01/2022 |
| 12C0BZ22F0008 | FALCON CAPITAL ADVISORS LLC | $45.8k | 04/29/2022 |
| 12C0BA22F0015 | FALCON CAPITAL ADVISORS LLC | $69.6k | 06/30/2022 |
| 12C0BA22F0017 | FALCON CAPITAL ADVISORS LLC | $165.2k | 07/18/2022 |
| 12C0BZ22F0014 | FALCON CAPITAL ADVISORS LLC | $5.5M | 09/22/2022 |
| 12C0BZ23F0010 | FALCON CAPITAL ADVISORS LLC | $235.5k | 09/06/2023 |
| 12C0BZ24F0003 | FALCON CAPITAL ADVISORS LLC | $245.5k | 02/20/2024 |
| 12C0BZ24F0005 | FALCON CAPITAL ADVISORS LLC | $3.8M | 04/30/2024 |
| 12C0BZ24F0006 | FALCON CAPITAL ADVISORS LLC | $11.9k | 05/10/2024 |
| 12C0BZ24F0012 | FALCON CAPITAL ADVISORS LLC | $29.1k | 08/21/2024 |
