71311119A0002 - FOREIGN CURRENCY INVESTMENT/PROFESSIONAL SERVICES | Federal Compass

71311119A0002 - FOREIGN CURRENCY INVESTMENT/PROFESSIONAL SERVICES

Federal Contract Award Search » BPA Award

This BPA contract for Business Admin Services, Financial services was awarded in FY2019 on July 30, 2019 to RISKBRIDGE ASSOCIATES LTD by International Development Finance Corporation. There have been $1M in obligations to date with a ceiling value of $5M, showing a 21% burn rate so far on the contract. The contract was not competed under any preference program with offers received. We expect a 5 year duration with ultimate completion date of July 30, 2024.

RISKBRIDGE ASSOCIATES LTD is a contractor located in SUFFOLK, doing primarily Financial services work for International Development Finance Corporation. The company receives $376k annually in federal awards (as of FY2020). Also, they have shown success winning No/Limited Bias contracts concentrated mainly on a singular customer focused portfolio.

Blanket Purchase Agreements or BPAs establish a method for the Government to satisfy a repetitive need for goods and services. When a government-wide need exists for specific products or services, a BPA allows the Government to establish a single contract to satisfy those needs. Creating a single source for common needs enables the Government to use buying power to drive down prices and avoid the higher costs associated with hundreds or thousands of customers purchasing independently.

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Contract Number
71311119A0002
Obligations to Date
$1M
Ceiling Value
$5M
Award Date
07/30/2019
Contract Type
BPA



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BPA Call History

BPA Call No. Contractor Obligations Effective Date
71311120F0007 RISKBRIDGE ASSOCIATES LTD $376k 12/20/2019
77344421F0026 RISKBRIDGE ASSOCIATES LTD $30.4k 03/02/2021
77344422F0116 RISKBRIDGE ASSOCIATES LTD $101k 09/13/2022
77344423F0032 RISKBRIDGE ASSOCIATES LTD $134.4k 12/19/2022
77344423F0041 RISKBRIDGE ASSOCIATES LTD $27.5k 04/03/2023
77344423F0045 RISKBRIDGE ASSOCIATES LTD $27.5k 04/04/2023
77344423F0106 RISKBRIDGE ASSOCIATES LTD $278.9k 06/15/2023
77344424F0053 RISKBRIDGE ASSOCIATES LTD $54.2k 03/25/2024

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