DTFT6016D00006 - CT FINANCIAL MANAGEMENT OVERSIGHT SUPPORT SERVI...
Federal Contract Award Search » IDC Award - Financial Management Oversight Program (FMO) (2016)
This IDC contract for Business Admin Services, Program Management, Financial services was awarded in FY2016 on Feb 23, 2016 to TFC CONSULTING INC by DOT Federal Transit Administration. There have been $5.1M in obligations to date with a ceiling value of $30.8M, showing a 17% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 12 offers received. We expect a 6 year duration with ultimate completion date of May 12, 2022.
TFC CONSULTING INC is a contractor located in MD, doing primarily Business Admin Services work for Health and Human Services. The company receives $12.7M 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
- DTFT6016D00006
- Contractor
- TFC CONSULTING INC.
- Obligations to Date
- $5.1M
- Ceiling Value
- $30.8M
- Award Date
- 02/23/2016
- Contract Type
- IDC
- Contract Vehicle
- Financial Management Oversight Program (FMO) (2016)
- 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 |
|---|---|---|---|
| 0001 | TFC CONSULTING INC. | $17.1k | 03/04/2016 |
| 0002 | TFC CONSULTING INC. | $116.7k | 05/11/2016 |
| 0003 | TFC CONSULTING INC. | $593.5k | 05/14/2016 |
| 0004 | TFC CONSULTING INC. | $345.2k | 09/19/2016 |
| 0005 | TFC CONSULTING INC. | $13k | 03/02/2017 |
| DTFT6017F00032 | TFC CONSULTING INC. | $123.9k | 07/03/2017 |
| DTFT6017F00026 | TFC CONSULTING INC. | $501.2k | 07/24/2017 |
| DTFT6017F00050 | TFC CONSULTING INC. | $165.1k | 08/25/2017 |
| DTFT6017F00082 | TFC CONSULTING INC. | $44.5k | 09/27/2017 |
| 69319518F300011 | TFC CONSULTING INC. | $34.9k | 02/08/2018 |
| 69319518F300018 | TFC CONSULTING INC. | $350.7k | 03/12/2018 |
| 69319518F300078 | TFC CONSULTING INC. | $25.6k | 08/17/2018 |
| 69319518F300101 | TFC CONSULTING INC. | $20.4k | 09/19/2018 |
| 69319518F300097 | TFC CONSULTING INC. | $61.5k | 09/19/2018 |
| 69319519F400006 | TFC CONSULTING INC. | $37.4k | 02/07/2019 |
| 69319519F400008 | TFC CONSULTING INC. | $63.3k | 03/21/2019 |
| 69319519F300041 | TFC CONSULTING INC. | $19.1k | 04/12/2019 |
| 69319519F300050 | TFC CONSULTING INC. | $120.4k | 05/02/2019 |
| 69319519F300058 | TFC CONSULTING INC. | $270.1k | 05/07/2019 |
| 69319519F300090 | TFC CONSULTING INC. | $12.8k | 09/17/2019 |
