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Securities and Exchange Commission Awarded a Contract to FEARLESS SOLUTIONS, LLC for $62,500,000.00

Signed on

8/14/2023, 12:00 AM

FEARLESS SOLUTIONS, LLC Government Contract #50310223A0003

FEARLESS SOLUTIONS, LLC was awarded a contract with the United States Government for $62,500,000.00. The contract was awarded by the agency office SECURITIES AND EXCHANGE COMMISSION, which is a division with the Securities and Exchange Commission within the Securities and Exchange Commission.

Summary of Award

Fearless Solutions, LLC has been awarded a contract by the US federal government through the General Services Administration's Federal Acquisition Service for digital services under a Blanket Purchase Agreement (BPA) with a total obligation of $62,500,000. The contract was signed on August 14, 2023, and is set to run from August 14, 2023, to August 13, 2028.

The recipient, Fearless Solutions, LLC, is located in Baltimore, Maryland, and offers a range of services including custom computer programming services. They are a U.S.-owned business and hold various certifications such as being a participant in the 8(a) Program, a Black American-owned business, and a HUBZone firm, among others.

The contract falls under the category of IT and Telecom - High-Performance Computing (HPC) Support Services (Labor) and is related to the Securities and Exchange Commission. The contract was awarded through a competitive process with four offers received, and it was subject to full and open competition. The contract details indicate that Fearless Solutions, LLC will provide IT and telecom support services related to high-performance computing. The contract is not subject to labor standards and is being performed by a U.S.-owned business. The contract is not part of a multi-year contract and does not involve foreign funding. The contract includes multiple officers from Fearless Solutions, LLC, with varying amounts allocated to each officer. The officers listed include Alka Bhave, Delali Dzirasa, Greg Godbout, John Foster, and Ravi Gourineni. The contract has had two transactions recorded as of now. The first transaction, dated August 14, 2023, had a transaction amount of $0 and did not involve any modifications. The second transaction, dated April 4, 2025, also had a transaction amount of $0 and involved modification P00001. Overall, the contract between the US federal government and Fearless Solutions, LLC for digital services under a BPA is a significant agreement with a substantial total obligation amount. Fearless Solutions, LLC, as the recipient, is a reputable company offering a range of services, and the contract is expected to run until August 2028, providing stability and support for the company and its officers.

Contract Details

Contract ID50310223A0003
Contract TypeIDV_E
Total Obligation$0.00
Exercised Options
Base Amount + Options$62,500,000.00
Date Signed2023-08-14
Contract DescriptionDIGITAL SERVICES BPA
Start Date2023-08-14
End Date2028-08-13

Agency Details

Awarding AgencySecurities and Exchange Commission
Awarding Sub AgencySecurities and Exchange Commission
Awarding OfficeSECURITIES AND EXCHANGE COMMISSION
Funding AgencySecurities and Exchange Commission
Funding Sub AgencySecurities and Exchange Commission
Funding OfficeSECURITIES AND EXCHANGE COMMISSION

Recipient Details

RecipientFEARLESS SOLUTIONS, LLC
Recipient Location8 MARKET PL STE 200 BALTIMORE MARYLAND, UNITED STATES
Business Categories8(a) Program Participant, Black American Owned Business, Category Business, Corporate Entity Not Tax Exempt, DoT Certified Disadvantaged Business Enterprise, HUBZone Firm, Limited Liability Corporation, Minority Owned Business, Self-Certified Small Disadvantaged Business, Small Business, Special Designations, U.S.-Owned Business

Comments

Award Transactions

Transaction #P00001 | $0.00April 4, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to FEARLESS SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $0.00August 14, 2023

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to FEARLESS SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00003 | $0.00July 30, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to FEARLESS SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00002 | $0.00April 17, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to FEARLESS SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00001 | $0.00April 4, 2025

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to FEARLESS SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #0 | $0.00August 14, 2023

Securities and Exchange Commission, a sub agency of Securities and Exchange Commission, issued a payment of $0.00 to FEARLESS SOLUTIONS, LLC. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.