DTFT6010D00003 - PROVIDE EXPERTISE TO ASSIST WITH THE CONDUCT OF FI...
Federal Contract Award Search » IDC Award
This IDC contract for Program Management, Business Admin Services was awarded in FY2010 on May 1, 2010 to FINANCIAL BUSINESS SOLUTIONS, LLC by DOT Federal Transit Administration. There have been $6M in obligations to date with a ceiling value of $29.3M, showing a 21% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 15 offers received. We expect a 5 year duration with ultimate completion date of Nov 11, 2015.
FINANCIAL BUSINESS SOLUTIONS, LLC is a contractor located in PA, doing primarily Business Admin Services work for Transportation. 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
- DTFT6010D00003
- Contractor
- FINANCIAL BUSINESS SOLUTIONS, LLC
- Obligations to Date
- $6M
- Ceiling Value
- $29.3M
- Award Date
- 05/01/2010
- Contract Type
- IDC
- Competition Set Aside Type
- 8a Competed
- Buying Agency/Office
- Transportation»DOT Federal Transit Administration
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Task Order History
| Task Order No. | Contractor | Obligations | Effective Date |
|---|---|---|---|
| DTFT6010D00003TO100001 | FINANCIAL BUSINESS SOLUTIONS, LLC | $1.6M | 07/06/2010 |
| DTFT6010D00003T11002 | FINANCIAL BUSINESS SOLUTIONS, LLC | $217.9k | 02/24/2011 |
| DTFT6010D00003T11003 | FINANCIAL BUSINESS SOLUTIONS, LLC | $998.6k | 04/07/2011 |
| DTFT6010D00003TO12004 | FINANCIAL BUSINESS SOLUTIONS, LLC | $1.1M | 07/03/2012 |
| DTFT6010D00003T12005 | FINANCIAL BUSINESS SOLUTIONS, LLC | $251.2k | 09/21/2012 |
| 00006 | FINANCIAL BUSINESS SOLUTIONS, LLC | $390.3k | 09/23/2013 |
| DTFT6010D0000300007 | FINANCIAL BUSINESS SOLUTIONS, LLC | $419.8k | 12/18/2013 |
| 00008 | FINANCIAL BUSINESS SOLUTIONS, LLC | $116.8k | 03/19/2014 |
| 00009 | FINANCIAL BUSINESS SOLUTIONS, LLC | $78k | 06/23/2014 |
| 0010 | FINANCIAL BUSINESS SOLUTIONS, LLC | $0.00 | 09/18/2014 |
| 0011 | FINANCIAL BUSINESS SOLUTIONS, LLC | $46.7k | 12/03/2014 |
| 0012 | FINANCIAL BUSINESS SOLUTIONS, LLC | $613.8k | 03/14/2015 |
| 0013 | FINANCIAL BUSINESS SOLUTIONS, LLC | $50.3k | 06/17/2015 |
| 0014 | FINANCIAL BUSINESS SOLUTIONS, LLC | $104.8k | 09/25/2015 |
