Small Business Administration Award | 73351023C0003 | PROFESSIONAL SUPPORT SERVICES FOR PPP LOAN FORGIVENESS SERVICING

73351023C0003 - PROFESSIONAL SUPPORT SERVICES FOR PPP LOAN FORGIVE...

Federal Contract Award Search » Definitive Contract Award

This Definitive Contract contract for Business Admin Services was awarded in FY2023 on May 03, 2023 to RP Professional Services, LLC by Office of Credit Risk Management. There have been $672.2k in obligations to date with a ceiling value of $672.2k, showing a 100% burn rate so far on the contract. The contract was competed under 8(a) Sole Source preference program with 1 offer received. We expect a 1 year duration with ultimate completion date of May 07, 2024.

RP Professional Services, LLC is a contractor located in VA, doing primarily Business Admin Services work for Small Business Administration. Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio. RP Professional Services, LLC is a certified 8(a) contractor through November 24, 2029.

Definitive contracts are single award contracts which usually result from publicly advertised Federal procurements. Historically, definitive contracts represented the most common pathway for the Federal Government to enter into agreements with contractors operating in the Federal market. With few exceptions, definitive contracts all the Federal Government purchase nearly every type of commodity, technology, or service. A known quantity or deliverable is a critical attribute of definitive contracts.

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Contract Number
73351023C0003
Obligations to Date
$672.2k
Ceiling Value
$672.2k
Award Date
05/03/2023
Contract Type
Definitive Contract
Competition Set Aside Type
8(a) Sole Source

Buying Agency/Office
Small Business Administration » Office of Capital Access » Office of Credit Risk Management


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