1331L523C13OS0012 - GRANTS ENTERPRISE MANAGEMENT SOLUTION (GEMS) PROGR...
Federal Contract Award Search » Definitive Contract Award
This Definitive Contract contract for Program Management was awarded in FY2023 on March 14, 2023 to 2NDWAVE LLC by ES Acquisition (ACQ). There have been $2.6M in obligations to date with a ceiling value of $4.5M, showing a 58% 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 3 year duration with ultimate completion date of March 19, 2026.
2NDWAVE LLC is a contractor located in DC, doing primarily Business Admin Services work for Housing and Urban Development. The company receives $3.4M 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. 2NDWAVE LLC is a certified 8(a) contractor through July 01, 2025.
Definitive contracts are single award contracts which usually result from publicly advertised Federal procurements. Historically, definitive contracts represented the most common pathway for the Federal Government to enter into agreements with contractors operating in the Federal market. With few exceptions, definitive contracts all the Federal Government purchase nearly every type of commodity, technology, or service. A known quantity or deliverable is a critical attribute of definitive contracts.
- Contract Number
- 1331L523C13OS0012
- Contractor
- 2NDWAVE LLC
- Obligations to Date
- $2.6M
- Ceiling Value
- $4.5M
- Award Date
- 03/14/2023
- Contract Type
- Definitive Contract
- Competition Set Aside Type
- 8(a) Sole Source
- Buying Agency/Office
- Commerce » DOC Office of the Secretary of Commerce (OS) » DOC Enterprise Services (ES) » ES Acquisition (ACQ)
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