Small Business Administration Award | 73351019D0013 | SBA 504 PROGRAM - CDC RISK BASED REVIEW AND RISK OVERSIGHT SUPPORT SERVICES FOR THE OFFICE OF CAPITAL ACCESS/OFFICE OF CREDIT RISK MANAGEMENT.

73351019D0013 - SBA 504 PROGRAM - CDC RISK BASED REVIEW AND RISK O...

Federal Contract Award Search » IDC Award

This IDC contract for Financial services, Program Management was awarded in FY2019 on Sep 27, 2019 to KINGSTONVILLE-MERCADIEN JV, LLC by Office of Credit Risk Management. There have been $18.9M in obligations to date with a ceiling value of $20M, showing a 94% burn rate so far on the contract. The contract was competed under 8a Competed preference program with 2 offers received. We expect a 6 year duration with ultimate completion date of Feb 25, 2025.

KINGSTONVILLE-MERCADIEN JV, LLC is a contractor located in NJ, doing primarily Program Management work for Small Business Administration. The company receives $3.5M annually in federal awards (as of FY2020). Also, they have shown success winning IDC 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
73351019D0013
Obligations to Date
$18.9M
Ceiling Value
$20M
Award Date
09/27/2019
Contract Type
IDC
Competition Set Aside Type
8a Competed

Buying Agency/Office
Small Business Administration»Office of Capital Access»Office of Credit Risk Management


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Task Order History

Task Order No. Contractor Obligations Effective Date
73351019F0270 KINGSTONVILLE-MERCADIEN JV, LLC $2.2M 09/27/2019
73351020F0007 KINGSTONVILLE-MERCADIEN JV, LLC $392.1k 11/20/2019
73351020F0144 KINGSTONVILLE-MERCADIEN JV, LLC $2.8M 06/12/2020
73351020F0180 KINGSTONVILLE-MERCADIEN JV, LLC $116.5k 06/12/2020
73351020F0190 KINGSTONVILLE-MERCADIEN JV, LLC $123.8k 06/22/2020
73351021F0054 KINGSTONVILLE-MERCADIEN JV, LLC $0.00 04/26/2021
73351021F0079 KINGSTONVILLE-MERCADIEN JV, LLC $2.9M 06/17/2021
73351022F0148 KINGSTONVILLE-MERCADIEN JV, LLC $3.3M 08/30/2022
73351023F0075 KINGSTONVILLE-MERCADIEN JV, LLC $1.7M 05/10/2023
73351023F0159 KINGSTONVILLE-MERCADIEN JV, LLC $5.3M 09/20/2023

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