Securities and Exchange Commission Awarded a Contract to INCENTIVE TECHNOLOGY GROUP LLC for $44,000,000.00

Summary of Award

The awarded contract between the US federal government and the recipient, Incentive Technology Group LLC, involves an Indefinite Delivery / Indefinite Quantity (IDIQ) contract known as "ONE IT IDIQ - RESTRICTED POOL." The contract was signed on October 19, 2018, with a total obligation of $44,000,000. The contract falls under the category of IDV (Indefinite Delivery Vehicle) and type IDV_B_B.

The contract pertains to IT and Telecom Systems Development, specifically in the area of Computer Systems Design Services. The contract was awarded through a negotiated proposal/quote process, with full and open competition after the exclusion of sources. It was set aside for small businesses, with a total of 68 offers received. The contract is a multiple award contract, allowing for pricing arrangements to be determined separately for each order.

The funding agency for this contract is the Securities and Exchange Commission (SEC), with the period of performance starting on October 22, 2018, and ending on October 21, 2028. The recipient, Incentive Technology Group LLC, is located in Arlington, Virginia, and is categorized as a U.S.-Owned Business. The parent recipient is ICF International, Inc. The contract is structured as an Individual Subcontract Plan, with the recipient being a U.S.-Owned Business. The contract does not involve the Clinger Cohen Act planning, labor standards, or cost or pricing data. It is not a multi-year contract and does not involve foreign funding. The contract allows for the use of commercial products/services and does not require a commercial item test program. The contract is part of the IT and Telecom - Information Technology and Telecommunications category, specifically focusing on IT and Telecom Systems Development. The primary NAICS code associated with the contract is 541512, which relates to Computer Systems Design Services. The contract does not involve construction wage rates, materials or supplies, or a purchase card as a payment method. It is not a consolidated contract and does not have a national interest action. The contract allows for interagency contracting authority but does not involve a price evaluation adjustment. Overall, the awarded contract between the US federal government and Incentive Technology Group LLC is a significant agreement in the IT and Telecom Systems Development sector, with a focus on Computer Systems Design Services. The contract provides a framework for the delivery of IT services over a ten-year period, with a total obligation of $44,000,000.