Treasury awards $561K contract for global financial policy support, with 364 days duration

Contract Overview

Contract Amount: $56,100 ($56.1K)

Contractor: Domestic Awardees (undisclosed)

Awarding Agency: Department of the Treasury

Start Date: 2026-04-13

End Date: 2027-04-12

Contract Duration: 364 days

Daily Burn Rate: $154/day

Competition Type: FULL AND OPEN COMPETITION

Number of Offers Received: 39

Pricing Type: COST NO FEE

Sector: Other

Official Description: PERSONAL SERVICES CONTRACT PROVIDING STRATEGIC AND TECHNICAL SUPPORT FOR THE DEVELOPMENT OF FINANCIAL POLICIES, GOVERNMENTAL INFRASTRUCTURES, PRIVATE FINANCIAL INSTITUTIONS FOR REHABILITATION OF FINANCIAL SECTORS WORLDWIDE / NEW AWARD

Place of Performance

Location: WASHINGTON, DISTRICT OF COLUMBIA County, DISTRICT OF COLUMBIA, 20220

State: District of Columbia Government Spending

Plain-Language Summary

Department of the Treasury obligated $56,100.04 to DOMESTIC AWARDEES (UNDISCLOSED) for work described as: PERSONAL SERVICES CONTRACT PROVIDING STRATEGIC AND TECHNICAL SUPPORT FOR THE DEVELOPMENT OF FINANCIAL POLICIES, GOVERNMENTAL INFRASTRUCTURES, PRIVATE FINANCIAL INSTITUTIONS FOR REHABILITATION OF FINANCIAL SECTORS WORLDWIDE / NEW AWARD Key points: 1. Contract focuses on strategic and technical support for financial policy development and infrastructure. 2. Scope includes rehabilitation of financial sectors worldwide, indicating a broad international focus. 3. Awarded via full and open competition, suggesting a competitive bidding process. 4. The contract type is a definitive contract with a cost-no-fee structure. 5. Performance period is one year, with a potential for renewal or follow-on work. 6. The North American Industry Classification System (NAICS) code 928120 points to general government administration. 7. The contract is managed by the Department of the Treasury's Departmental Offices. 8. The contract is for international affairs, highlighting its global reach.

Value Assessment

Rating: fair

The contract value of $561,004 for a one-year period of strategic and technical support appears reasonable given the specialized nature of international financial policy and rehabilitation. Without specific benchmarks for similar global financial sector rehabilitation contracts, a direct comparison is difficult. However, the cost-no-fee structure implies that the contractor will be reimbursed for allowable costs but will not receive a profit margin, which can sometimes lead to cost control. The number of offers received (39) suggests a degree of market interest, but the absence of disclosed domestic awardees prevents a detailed pricing assessment against competitors.

Cost Per Unit: N/A

Competition Analysis

Competition Level: full-and-open

This contract was awarded through full and open competition, indicating that all responsible sources were permitted to submit a bid. The solicitation received 39 offers, which suggests a healthy level of interest from potential contractors in the market for these specialized services. A competitive process like this generally allows for price discovery and can lead to more favorable terms for the government compared to sole-source or limited competition awards. The undisclosed domestic awardees mean further analysis on the specific competitive landscape is limited.

Taxpayer Impact: The full and open competition process is beneficial for taxpayers as it encourages multiple firms to bid, potentially driving down costs and ensuring the government receives competitive pricing for essential services. This approach maximizes the opportunity to find the best value and technical solution within the allocated budget.

Public Impact

International financial institutions and governments worldwide may benefit from improved financial policies and infrastructure. The services delivered are strategic and technical support for financial sector development and rehabilitation. The geographic impact is global, focusing on countries undergoing financial sector reforms. The contract could have implications for the global financial workforce by requiring specialized expertise. The Department of the Treasury benefits by securing expert support for its international financial policy objectives.

Waste & Efficiency Indicators

Waste Risk Score: 50 / 10

Warning Flags

Lack of disclosed awardee details hinders assessment of contractor's past performance and specific expertise in global financial rehabilitation.
The 'cost no fee' contract type requires careful monitoring of allowable costs to ensure fiscal responsibility.
The broad scope of 'rehabilitation of financial sectors worldwide' could present execution challenges and require significant adaptability.
The duration of one year, while standard, may limit the ability to achieve deep, long-term impact in complex financial sector overhauls.

Positive Signals

Awarded through full and open competition, indicating a robust selection process and potential for competitive pricing.
The high number of offers (39) suggests significant market interest and a competitive environment for this type of service.
The contract supports critical international financial stability objectives, aligning with broader governmental foreign policy goals.
The definitive contract award provides a structured framework for service delivery over the specified period.

Sector Analysis

This contract falls within the broader professional, scientific, and technical services sector, specifically focusing on financial consulting and policy development. The market for such services is global and highly specialized, often involving firms with deep expertise in economics, finance, and international development. Comparable spending benchmarks are difficult to establish due to the unique nature of international financial sector rehabilitation, which can vary significantly by country and economic context. However, government spending on international development and financial advisory services is substantial, reflecting the importance of global economic stability.

Small Business Impact

This contract does not appear to have a small business set-aside (ss: false) and there is no indication of specific subcontracting requirements for small businesses. Therefore, the direct impact on the small business ecosystem is likely minimal. The focus on specialized international financial policy and rehabilitation suggests that the primary contractors are likely larger, established firms with extensive global experience, rather than small businesses. Further analysis would be needed to determine if any subcontracting opportunities for small businesses exist within the awarded contract.

Oversight & Accountability

Oversight for this contract will likely be managed by the Department of the Treasury's Departmental Offices, which are responsible for overseeing departmental policy and operations. Accountability measures would be embedded within the contract's terms and conditions, including performance standards and reporting requirements. Transparency is facilitated by the contract's award through full and open competition, with details available through federal procurement databases. Inspector General jurisdiction would typically extend to the Department of the Treasury, covering potential fraud, waste, or abuse related to this contract.

Related Government Programs

International Monetary Fund (IMF) technical assistance programs
World Bank financial sector development projects
USAID economic growth and governance programs
Department of State economic and development assistance

Risk Flags

Lack of Awardee Identification
Broad Scope of Work
Potential for Long-Term Impact Challenges
Cost Control Oversight Required

Frequently Asked Questions

What is this federal contract paying for?

Department of the Treasury awarded $56,100.04 to DOMESTIC AWARDEES (UNDISCLOSED). PERSONAL SERVICES CONTRACT PROVIDING STRATEGIC AND TECHNICAL SUPPORT FOR THE DEVELOPMENT OF FINANCIAL POLICIES, GOVERNMENTAL INFRASTRUCTURES, PRIVATE FINANCIAL INSTITUTIONS FOR REHABILITATION OF FINANCIAL SECTORS WORLDWIDE / NEW AWARD

Who is the contractor on this award?

The obligated recipient is DOMESTIC AWARDEES (UNDISCLOSED).

Which agency awarded this contract?

Awarding agency: Department of the Treasury (Departmental Offices).

What is the total obligated amount?

The obligated amount is $56,100.04.

What is the period of performance?

Start: 2026-04-13. End: 2027-04-12.

What is the specific track record of the undisclosed domestic awardee in providing strategic and technical support for financial policy development and rehabilitation in international markets?

The provided data does not disclose the identity of the awardee, making it impossible to assess their specific track record. To evaluate this, one would need to identify the contractor through contract award databases or agency reports and then research their past performance on similar contracts. Key areas to investigate would include their experience with financial sector rehabilitation in diverse economic environments, their success in developing and implementing financial policies, and client feedback or performance ratings on previous government contracts. Without this information, the assessment of the contractor's capability and reliability remains speculative.

How does the awarded contract value of $561,004 compare to similar international financial policy support contracts awarded by the U.S. government or other international bodies?

Direct comparison of the $561,004 contract value is challenging without knowing the specific scope, duration, and complexity of 'similar' contracts. Contracts for international financial sector rehabilitation can range widely in value, from smaller advisory engagements to multi-million dollar programs involving extensive technical assistance and infrastructure development. The 'cost no fee' structure also influences how value is perceived, as it focuses on cost reimbursement rather than profit margins. To benchmark effectively, one would need to identify contracts with comparable objectives (e.g., financial policy reform, institutional strengthening) and similar geographic or economic contexts, considering the one-year duration of this award. The number of offers (39) suggests the value was attractive enough to solicit broad interest within the market.

What are the primary risks associated with the 'rehabilitation of financial sectors worldwide' scope, and how are they mitigated by this contract?

The primary risks associated with rehabilitating financial sectors worldwide are multifaceted and include political instability in target countries, corruption, economic volatility, resistance to reform from entrenched interests, and the complexity of tailoring solutions to diverse national contexts. Additionally, ensuring effective implementation and measurable outcomes in geographically dispersed locations presents logistical and oversight challenges. This contract aims to mitigate these risks by procuring specialized strategic and technical support, implying that the contractor will provide expertise to navigate these complexities. The 'cost no fee' structure may incentivize cost control, but careful oversight by the Treasury Department will be crucial to monitor progress, adapt strategies, and ensure that the support provided effectively addresses the unique challenges of each financial sector rehabilitation effort.

What is the expected effectiveness of a one-year contract in achieving meaningful rehabilitation of financial sectors globally?

A one-year contract duration for 'rehabilitation of financial sectors worldwide' is likely insufficient for achieving comprehensive and sustainable rehabilitation. Financial sector reform is typically a long-term endeavor requiring sustained effort, institutional capacity building, and adaptation to evolving economic conditions. This contract is more realistically viewed as providing initial strategic guidance, technical assessment, policy framework development, or targeted support within a broader, longer-term initiative. Its effectiveness will depend on how well it sets the stage for subsequent phases of work, the clarity of its defined objectives within the year, and the ability of the Treasury Department to build upon the delivered support. The contract's success will be measured by the quality of the strategic and technical advice provided and its contribution to the overall rehabilitation goals, rather than the completion of the entire rehabilitation process within this single year.

How does this contract align with the Department of the Treasury's broader mission and historical spending patterns in international financial affairs?

This contract aligns directly with the Department of the Treasury's mission to promote global financial stability, foster economic growth, and combat financial crime. The Treasury actively engages in international financial diplomacy, providing technical assistance and policy advice to countries seeking to strengthen their financial systems. Historical spending patterns reflect a consistent commitment to these objectives through various programs and engagements with international financial institutions and partner nations. Contracts like this enable the Treasury to leverage specialized expertise to support these critical foreign policy and economic objectives, often in collaboration with bodies like the IMF and World Bank. The $561,004 award represents a focused investment within this broader strategic framework.

Industry Classification

NAICS: Public Administration › National Security and International Affairs › International Affairs

Product/Service Code: SUPPORT SVCS (PROF, ADMIN, MGMT) › PROFESSIONAL SERVICES

Competition & Pricing

Extent Competed: FULL AND OPEN COMPETITION

Solicitation Procedures: NEGOTIATED PROPOSAL/QUOTE

Offers Received: 39

Pricing Type: COST NO FEE (S)

Evaluated Preference: NONE

Contractor Details

Address: 1800 F ST NW, WASHINGTON, DC, 20405

Business Categories: Category Business, Not Designated a Small Business, Special Designations, U.S.-Owned Business

Financial Breakdown

Contract Ceiling: $1,151,382

Exercised Options: $214,920

Current Obligation: $56,100

Contract Characteristics

Commercial Item: COMMERCIAL PRODUCTS/SERVICES PROCEDURES NOT USED

Cost or Pricing Data: NO

Timeline