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Department of Labor Awarded a Contract to INNOVEST PORTFOLIO SOLUTIONS LLC for $557,100.00

Signed on

4/22/2022, 12:00 AM

INNOVEST PORTFOLIO SOLUTIONS LLC Government Contract #1605C122C0010

INNOVEST PORTFOLIO SOLUTIONS LLC was awarded a contract with the United States Government for $557,100.00. The contract was awarded by the agency office DOL - CAS DIVISION 1 PROCUREMENT, which is a division with the Office of the Assistant Secretary for Administration and Management within the Department of Labor.

Summary of Award

The recipient of the federal contract is Innovest Portfolio Solutions LLC, a U.S.-owned business based in Denver, Colorado. The contract, awarded by the Department of Labor's Employee Benefits Security Administration, is for prudence expert witness services as part of an investigation, with a total obligation of $411,500. The contract includes notable transactions, such as a $406,500 payment made on the award date.

Contract Details

Contract ID1605C122C0010
Contract TypeD
Total Obligation$411,500.00
Exercised Options$493,800.00
Base Amount + Options$557,100.00
Date Signed2022-04-22
Contract DescriptionPRUDENCE EXPERT WITNESS FOR EBSA'S INVESTIGATION - HB&T
Start Date2022-04-22
End Date2026-07-24

Agency Details

Awarding AgencyDepartment of Labor
Awarding Sub AgencyOffice of the Assistant Secretary for Administration and Management
Awarding OfficeDOL - CAS DIVISION 1 PROCUREMENT
Funding AgencyDepartment of Labor
Funding Sub AgencyEmployee Benefits Security Administration
Funding OfficeDOL- EBSA NTL OFC OF ENFORCE

Recipient Details

RecipientINNOVEST PORTFOLIO SOLUTIONS LLC
Recipient Location4643 S ULSTER ST STE 1040 DENVER COLORADO, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Limited Liability Corporation, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00009$5,000.00May 23, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $5,000.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$0.00February 19, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$0.00December 4, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$0.00July 24, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$0.00April 23, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00December 14, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00March 28, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00February 16, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00June 2, 2022

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$406,500.00April 22, 2022

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $406,500.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$0.00August 18, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009$5,000.00May 23, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $5,000.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$0.00February 19, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$0.00December 4, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$0.00July 24, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$0.00April 23, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00December 14, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00March 28, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00February 16, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00June 2, 2022

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$406,500.00April 22, 2022

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $406,500.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00012$-35,837.50September 25, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $-35,837.50 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$78,000.00August 26, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $78,000.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$0.00August 18, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009$5,000.00May 23, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $5,000.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$0.00February 19, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$0.00December 4, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$0.00July 24, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$0.00April 23, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00December 14, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00March 28, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00February 16, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00June 2, 2022

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$406,500.00April 22, 2022

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $406,500.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$0.00June 15, 2026

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00013$0.00May 19, 2026

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00012$-35,837.50September 25, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $-35,837.50 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$78,000.00August 26, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $78,000.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$0.00August 18, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009$5,000.00May 23, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $5,000.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$0.00February 19, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$0.00December 4, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$0.00July 24, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$0.00April 23, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00December 14, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00March 28, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00February 16, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00June 2, 2022

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$406,500.00April 22, 2022

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $406,500.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00016$6,000.00September 10, 2026

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $6,000.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00015$6,000.00July 21, 2026

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $6,000.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00014$0.00June 15, 2026

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00013$0.00May 19, 2026

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00012$-35,837.50September 25, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $-35,837.50 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00011$78,000.00August 26, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $78,000.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00010$0.00August 18, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00009$5,000.00May 23, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $5,000.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

Transaction #P00008$0.00February 19, 2025

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00007$0.00December 4, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006$0.00July 24, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00005$0.00April 23, 2024

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00004$0.00December 14, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003$0.00March 28, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002$0.00February 16, 2023

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001$0.00June 2, 2022

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $0.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0$406,500.00April 22, 2022

Employee Benefits Security Administration, a sub agency of Department of Labor, issued a payment of $406,500.00 to INNOVEST PORTFOLIO SOLUTIONS LLC. The payment included a Subsidy Cost of $0.00.