77344422D0002 - PRIVATE EQUITY INVESTMENT ADVISORS SERVICES.
Federal Contract Award Search » IDC Award - USAID Private Equity Investment Advisors Services (2021)
This IDC contract for Financial services, Business Admin Services was awarded in FY2022 on Nov 18, 2021 to UPWELLING CAPITAL GROUP LLC by DFC Office of Administration. There have been $180k in obligations to date with a ceiling value of $5M, showing a 4% burn rate so far on the contract. The contract was not competed under any preference program with 13 offers received. We expect a 5 year duration with ultimate completion date of Nov 16, 2026.
UPWELLING CAPITAL GROUP LLC is a contractor located in CA, doing primarily Financial services work for International Development Finance Corporation. Also, they have shown success winning IDC 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
- 77344422D0002
- Contractor
- UPWELLING CAPITAL GROUP LLC
- Obligations to Date
- $180k
- Ceiling Value
- $5M
- Award Date
- 11/18/2021
- Contract Type
- IDC
- Contract Vehicle
- USAID Private Equity Investment Advisors Services (2021)
- Competition Set Aside Type
- No set aside used
- Buying Agency/Office
- International Development Finance Corporation»DFC Office of Administration
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| 77344422F0025 | UPWELLING CAPITAL GROUP LLC | $180k | 02/09/2022 |
