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Department of Homeland Security Awarded a Contract to SAVANTAGE FINANCIAL SERVICES, INC. for $91,485,350.54

Signed on

12/28/2023, 12:00 AM

SAVANTAGE FINANCIAL SERVICES, INC. Government Contract #70CTD024FR0000003

SAVANTAGE FINANCIAL SERVICES, INC. was awarded a contract with the United States Government for $91,485,350.54. The contract was awarded by the agency office INFORMATION TECHNOLOGY DIVISION, which is a division with the U.S. Immigration and Customs Enforcement within the Department of Homeland Security.

Summary of Award

The recipient of the federal contract is Savantage Financial Services, Inc., a U.S.-owned small business based in Rockville, Maryland. The contract, awarded by the General Services Administration's Federal Acquisition Service, is for providing operations and maintenance support services for the Federal Financial Management System. The total value of the contract is $34,461,605.78, with a potential total value of $91,485,350.54. Notable spending patterns include a total account obligation of $25,607,618.58 and a focus on professional support services related to other computer services.

Contract Details

Contract ID70CTD024FR0000003
Contract TypeC
Total Obligation$34,461,605.78
Exercised Options$34,461,605.78
Base Amount + Options$91,485,350.54
Date Signed2023-12-28
Contract DescriptionFEDERAL FINANCIAL MANAGEMENT SYSTEM (FFMS) OPERATIONS AND MAINTENANCE (O&M) SUPPORT SERVICES
Start Date2024-01-01
End Date2025-12-31

Agency Details

Awarding AgencyDepartment of Homeland Security
Awarding Sub AgencyU.S. Immigration and Customs Enforcement
Awarding OfficeINFORMATION TECHNOLOGY DIVISION
Funding AgencyDepartment of Homeland Security
Funding Sub AgencyU.S. Immigration and Customs Enforcement
Funding OfficeCHIEF INFORMATION OFFICER BUSINESS RESOURCE MANAGEMENT

Recipient Details

RecipientSAVANTAGE FINANCIAL SERVICES, INC.
Recipient Location2101 GAITHER RD STE 350 ROCKVILLE MARYLAND, UNITED STATES
Business CategoriesCategory Business, Corporate Entity Not Tax Exempt, Small Business, Special Designations, Subchapter S Corporation, U.S.-Owned Business, Woman Owned Business, Women Owned Small Business

Comments

Award Transactions

Transaction #P00013 | $3,004,920.16December 30, 2025

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $3,004,920.16 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00012 | $8,853,987.20June 13, 2025

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $8,853,987.20 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00011 | $2,889,345.28April 24, 2025

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $2,889,345.28 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00010 | $2,889,345.28February 24, 2025

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $2,889,345.28 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00009 | $2,889,345.28December 23, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $2,889,345.28 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00008 | $407,090.10September 4, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $407,090.10 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00007 | $0.00July 30, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $0.00 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $1,500.00July 18, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $1,500.00 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $9,700,755.04May 21, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $9,700,755.04 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $1,366,047.52April 30, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $1,366,047.52 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $1,366,148.32March 26, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $1,366,148.32 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $1,319,805.92February 6, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $1,319,805.92 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $560,252.80January 23, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $560,252.80 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $2,217,983.04December 28, 2023

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $2,217,983.04 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00014 | $0.00February 26, 2026

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $0.00 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00013 | $3,004,920.16December 30, 2025

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $3,004,920.16 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00012 | $8,853,987.20June 13, 2025

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $8,853,987.20 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00011 | $2,889,345.28April 24, 2025

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $2,889,345.28 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00010 | $2,889,345.28February 24, 2025

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $2,889,345.28 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00009 | $2,889,345.28December 23, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $2,889,345.28 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00008 | $407,090.10September 4, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $407,090.10 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00007 | $0.00July 30, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $0.00 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

This payment could indicate a change to the existing contract.

Transaction #P00006 | $1,500.00July 18, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $1,500.00 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00005 | $9,700,755.04May 21, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $9,700,755.04 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00004 | $1,366,047.52April 30, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $1,366,047.52 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00003 | $1,366,148.32March 26, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $1,366,148.32 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00002 | $1,319,805.92February 6, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $1,319,805.92 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #P00001 | $560,252.80January 23, 2024

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $560,252.80 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.

Transaction #0 | $2,217,983.04December 28, 2023

U.S. Immigration and Customs Enforcement, a sub agency of Department of Homeland Security, issued a payment of $2,217,983.04 to SAVANTAGE FINANCIAL SERVICES, INC.. The payment included a Subsidy Cost of $0.00.