SBAHQ16D0012 - SBLC SAFETY AND SOUNDNESS IDIQ " "

This IDC contract for Business Admin Services was awarded in FY2016 on September 20, 2016 to BABB MALDONADO & ASSOCIATES, LLC by Office of Credit Risk Management. There have been $9M in obligations to date with a ceiling value of $10M, showing a 90% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Total preference program with 11 offers received. We expect a 7 year duration with ultimate completion date of March 30, 2023.

BABB MALDONADO & ASSOCIATES, LLC is a contractor located in DC, doing primarily Business Admin Services work for Small Business Administration. The company receives $2.1M annually in federal awards (as of FY2020). Also, they have shown success winning IDC contracts concentrated mainly on a singular customer focused portfolio.

The Federal Government competes and awards an Indefinite Delivery Contract (IDC) to support requirements where the quantity and time of delivery are unknown. Typically referred to as Indefinite Delivery-Indefinite Quantity (IDIQ) contracts, the Government has the option of awarding a single or multiple award IDIQ. Once awarded, an IDIQ acts as a master agreement between the Federal Government and one or more contractors. On an as-needed basis, Federal buying organizations place orders, commonly referred to as Task Orders against an IDIQ, to purchase goods or services available through the IDIQ.

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Buying Agency/Office

Small Business Administration » Office of Capital Access » Office of Credit Risk Management

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