OPIC16D0028 - | Federal Compass

OPIC16D0028 -

Federal Contract Award Search » IDC Award - Private Equity Advisors to OPIC

This IDC contract for Financial services, Business Admin Services was awarded in FY2016 on September 28, 2016 to MEKETA INVESTMENT GROUP, INC. by International Development Finance Corporation. There have been $2.9M in obligations to date with a ceiling value of $20M, showing a 15% burn rate so far on the contract. The contract was competed under Small Business Set-Aside -- Partial preference program with 16 offers received. We expect a 5 year duration with ultimate completion date of March 31, 2021.

MEKETA INVESTMENT GROUP, INC. is a contractor located in MA, doing primarily Business Admin Services work for International Development Finance Corporation. The company receives $380k 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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Contract Number
OPIC16D0028
Obligations to Date
$2.9M
Ceiling Value
$20M
Award Date
09/28/2016
Contract Type
IDC
Competition Set Aside Type
Small Business Set-Aside -- Partial



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Task Order History

Task Order No. Contractor Obligations Effective Date
OP01 MEKETA INVESTMENT GROUP, INC. $879.6k 01/03/2017
OP02 MEKETA INVESTMENT GROUP, INC. $65k 09/20/2017
71311119F1006 MEKETA INVESTMENT GROUP, INC. $432k 02/27/2019
71311119F1088 MEKETA INVESTMENT GROUP, INC. $413.7k 09/26/2019
77344420F0011 MEKETA INVESTMENT GROUP, INC. $180k 04/02/2020
77344420F0055 MEKETA INVESTMENT GROUP, INC. $205k 08/10/2020
77344420F0064 MEKETA INVESTMENT GROUP, INC. $65k 08/27/2020
77344421F0003 MEKETA INVESTMENT GROUP, INC. $50k 12/03/2020
77344421F0032 MEKETA INVESTMENT GROUP, INC. $250k 03/26/2021
77344421F0031 MEKETA INVESTMENT GROUP, INC. $380k 03/30/2021

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