Treasury Award | TFSACDF16D0001 | CL APPLICATION REVIEWER MANAGEMENT SERVICES

TFSACDF16D0001 - CL APPLICATION REVIEWER MANAGEMENT SERVICES

Federal Contract Award Search » IDC Award

This IDC contract for Business Admin Services was awarded in FY2016 on January 08, 2016 to F2 SOLUTIONS, LLC by OFI Community Economic Development. There have been $2.1M in obligations to date with a ceiling value of $3.8M, showing a 56% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 2 year duration with ultimate completion date of September 29, 2018.

F2 SOLUTIONS, LLC is a contractor located in MD, doing primarily Program Management work for Health and Human Services. The company receives $9.4M 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.

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Contract Number
TFSACDF16D0001
Contractor
F2 SOLUTIONS, LLC
Obligations to Date
$2.1M
Ceiling Value
$3.8M
Award Date
01/08/2016
Contract Type
IDC
Competition Set Aside Type
8(a) Sole Source

Buying Agency/Office
Treasury » Office of Domestic Finance » Office of Financial Institutions » OFI Community Economic Development


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Task Order History

Task Order No. Contractor Obligations Effective Date
16000001 F2 SOLUTIONS, LLC $266.1k 01/19/2016
16000002 F2 SOLUTIONS, LLC $597.1k 01/19/2016
17000003 F2 SOLUTIONS, LLC $403k 03/16/2017
17000004 F2 SOLUTIONS, LLC $176.4k 05/22/2017
20340618F00002 F2 SOLUTIONS, LLC $68.7k 12/01/2017
20340618F00004 F2 SOLUTIONS, LLC $351k 02/08/2018
20340618F00016 F2 SOLUTIONS, LLC $69.9k 07/27/2018
20340618F00018 F2 SOLUTIONS, LLC $168.2k 07/27/2018

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