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2031JW24C00003

Definitive Contract

Overview

Government Description
HQ - 2022-NOV-08 - THIS REQUISITION IS FOR THE 401(K) CONTRACT RECOMPETE. THE CONTRACT ENDS 12/31/2023. THIS WILL BE A 2-YEAR BASE PERIOD WITH 4, 2-YEAR OPTION PERIODS. JUSTIFICATION OF THE SERVICE
Place of Performance
San Francisco, CA 94105 United States
Pricing
Fixed Price
Set Aside
None
Extent Competed
Competed Under Simplified Acquisition Procedures
Est. Average FTE
<1
Charles Schwab & was awarded Definitive Contract 2031JW24C00003 (2031JW-24-C-00003) worth up to $486,000 by the Office of the Comptroller of the Currency in January 2024. The contract has a duration of 10 years and was awarded through solicitation Solicitation of Proposed Contract Action – 401(k) Administration and Recordkeeping Services full & open with NAICS 523150 and PSC R710 via simplified acquisition acquisition procedures with 1 bid received. As of today, the Definitive Contract has a total reported backlog of $375,600.

Status
(Open)

Last Modified 11/21/23
Period of Performance
1/1/24
Start Date
12/31/25
Current End Date
12/31/33
Potential End Date
13.0% Complete

Obligations and Backlog
$110.4K
Total Obligated
$110.4K
Current Award
$486.0K
Potential Award
23% Funded
$0.0
Funded Backlog
$375.6K
Total Backlog

Award Hierarchy

Definitive Contract

2031JW24C00003

Subcontracts

0

Activity Timeline

Interactive chart of timeline of amendments to 2031JW24C00003

Opportunity Lifecycle

Procurement history for 2031JW24C00003

People

Suggested agency contacts for 2031JW24C00003

Competition

Number of Bidders
1
Solicitation Procedures
Simplified Acquisition
Evaluated Preference
None
Commercial Item Acquisition
Commercial Item
Simplified Procedures for Commercial Items
Yes

Other Categorizations

Subcontracting Plan
Plan Not Included (No Subcontracting Possibilities)
Cost Accounting Standards
Exempt
Business Size Determination
Large Business
Awardee UEI
GY14NCSKDET9
Awardee CAGE
5AK88
Agency Detail
Awarding Office
2031JW COMPTROLLER OF CURRENCY ACQS
Funding Office
2031KB
Created By
anethra.facione@occ.treas.gov
Last Modified By
anethra.facione@occ.treas.gov
Approved By
anethra.facione@occ.treas.gov

Legislative

Legislative Mandates
None Applicable
Performance District
CA-11
Senators
Dianne Feinstein
Alejandro Padilla
Representative
Nancy Pelosi
Modified: 11/21/23