CFP17D00004 - CL BUREAU ADMINISTERED REDRESS AND CIVIL PENALTY... | Federal Compass

CFP17D00004 - CL BUREAU ADMINISTERED REDRESS AND CIVIL PENALTY...

Federal Contract Award Search » IDC Award - Bureau Administered Redress and Civil Penalty Fund 34d Party Administration

This IDC contract for Financial services was awarded in FY2017 on March 23, 2017 to Exela Technologies, Inc. by Consumer Financial Protection Bureau. There have been $3.3M in obligations to date with a ceiling value of $35.3M, showing a 9% burn rate so far on the contract. The contract was not competed under any preference program with 6 offers received. We expect a 5 year duration with ultimate completion date of March 21, 2022.

Exela Technologies, Inc. is a contractor located in MD, doing primarily Business Admin Services work for Justice. The company receives $3.3M 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
CFP17D00004
Obligations to Date
$3.3M
Ceiling Value
$35.3M
Award Date
03/23/2017
Contract Type
IDC
Competition Set Aside Type
No set aside used



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Task Order History

Task Order No. Contractor Obligations Effective Date
9531CB18F0019 RUST CONSULTING INC. $65.8k 03/05/2018
9531CB20F0095 RUST CONSULTING INC. $71.7k 07/14/2020
9531CB20F0112 RUST CONSULTING INC. $140.6k 08/25/2020
9531CB20F0128 RUST CONSULTING INC. $125.4k 09/17/2020
9531CB21F0013 RUST CONSULTING INC. $771.7k 12/18/2020
9531CB21F0048 RUST CONSULTING INC. $196.4k 05/21/2021
9531CB21F0053 RUST CONSULTING INC. $113.6k 06/17/2021
9531CB21F0065 RUST CONSULTING INC. $51.3k 07/28/2021
9531CB21F0078 RUST CONSULTING INC. $342.9k 09/13/2021
9531CB21F0085 RUST CONSULTING INC. $383.4k 09/20/2021
9531CB21F0088 RUST CONSULTING INC. $466.3k 09/23/2021
9531CB22F0020 RUST CONSULTING INC. $38.4k 02/14/2022
9531CB22F0025 RUST CONSULTING INC. $121.5k 02/15/2022
9531CB22F0042 RUST CONSULTING INC. $363.2k 03/15/2022

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