TPDCDF10C0006 - CAPACITY BUILDING SERVICES
Federal Contract Award Search » IDC Award
This IDC contract for Education/Training > Human Capital was awarded in FY2010 on Aug 13, 2010 to OPPORTUNITY FINANCE NETWORK by OFI Community Economic Development. There have been $5.7M in obligations to date with a ceiling value of $50M, showing a 11% burn rate so far on the contract. The contract was not competed under any preference program with 19 offers received. We expect a 5 year duration with ultimate completion date of Aug 4, 2015.
OPPORTUNITY FINANCE NETWORK is a contractor located in PA, doing primarily IT Software work for Small Business Administration. 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
- TPDCDF10C0006
- Contractor
- OPPORTUNITY FINANCE NETWORK
- Obligations to Date
- $5.7M
- Ceiling Value
- $50M
- Award Date
- 08/13/2010
- Contract Type
- IDC
- Competition Set Aside Type
- No set aside used
- 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 |
|---|---|---|---|
| 0001 | OPPORTUNITY FINANCE NETWORK | $1.8M | 09/27/2010 |
| T0002 | OPPORTUNITY FINANCE NETWORK | $722.2k | 05/04/2012 |
| T0003 | OPPORTUNITY FINANCE NETWORK | $959.8k | 07/20/2012 |
| T0004 | OPPORTUNITY FINANCE NETWORK | $1.3M | 02/20/2013 |
| 0005 | OPPORTUNITY FINANCE NETWORK | $999k | 07/31/2014 |
