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Department of Agriculture Awarded a Contract to FITCH SOLUTIONS, INC. for $410,015.00

Signed on

5/31/2024, 12:00 AM

FITCH SOLUTIONS, INC. Government Contract #12314424C0038

FITCH SOLUTIONS, INC. was awarded a contract with the United States Government for $410,015.00. The contract was awarded by the agency office USDA, OCP-POD-ACQ-MGMT-BRANCH-FTC, which is a division with the Office of the Chief Financial Officer within the Department of Agriculture.

Summary of Award

The recipient of the federal contract is FITCH SOLUTIONS, INC., a U.S.-owned business based in New York. The contract is for subscription services for bank risk analysis & Fitch Ratings research & data, funded by the Department of Agriculture with a total obligation of $154,428. Notable spending patterns include a transaction amount of $75,700 on the contract signing date and subsequent transactions totaling $78,728 and $0 on modification dates.

Contract Details

Contract ID12314424C0038
Contract TypeD
Total Obligation$154,428.00
Exercised Options$154,428.00
Base Amount + Options$410,015.00
Date Signed2024-05-31
Contract DescriptionSUBSCRIPTION SERVICES FOR BANK RISK ANALYSIS & FITCH RATINGS RESEARCH & DATA
Start Date2024-06-01
End Date2026-05-31

Agency Details

Awarding AgencyDepartment of Agriculture
Awarding Sub AgencyOffice of the Chief Financial Officer
Awarding OfficeUSDA, OCP-POD-ACQ-MGMT-BRANCH-FTC
Funding AgencyDepartment of Agriculture
Funding Sub AgencyForeign Agricultural Service
Funding OfficeFAS-CREDIT PROG DIV

Recipient Details

RecipientFITCH SOLUTIONS, INC.
Recipient Location33 WHITEHALL ST NEW YORK NEW YORK, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00002 | $78,728.00May 28, 2025

Foreign Agricultural Service, a sub agency of Department of Agriculture, issued a payment of $78,728.00 to FITCH SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $0.00March 6, 2025

Foreign Agricultural Service, a sub agency of Department of Agriculture, issued a payment of $0.00 to FITCH SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $75,700.00May 31, 2024

Foreign Agricultural Service, a sub agency of Department of Agriculture, issued a payment of $75,700.00 to FITCH SOLUTIONS, INC.. The payment included a Subsidy Cost of $0.00.