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AWARDDELIVERY ORDERSmall business

Delivery order 50310219F0056GLOBAL FINANCIAL MARKETS INSTITUTE INC.

Overview

Award facts

Net obligations
$365.11K
$365,114of $365.11K potential value
Outlays (paid to date)
$365.11K
$365.11K paid of $365.11K obligated$365,114
Period of performance
Apr 11, 2019 to Sep 17, 2020
Ended
Modifications
2
Latest action Oct 27, 2020
Contract type
Delivery order
PIID 50310219F0056

Contract value is the most the government could spend; obligations are what it has legally committed; outlays are what it has actually paid.

Description of requirement

SECURITIES INDUSTRY COURSE SERIES

Dates and value

Award date
Signed on Apr 11, 2019
Potential end of performance
Sep 16, 2020
Current value
$365,114Base and exercised options
Potential value (if all options are exercised)
$365,114
Parent contract vehicle
SECHQ117D0008 (IDC, single award) — 6 orders recorded under it

Obligations by fiscal year of action

  • FY2021: -$1,886 (de-obligation)
  • FY2020: $5,000
  • FY2019: $362,000

Total across 3 fiscal years: $365,114

Net de-obligation in that fiscal year (obligations withdrawn).

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Oct 27, 2020. View on USAspending · Recipient on SAM.gov

Recipient

NameGLOBAL FINANCIAL MARKETS INSTITUTE INC.
LocationJERICHO, NY
UEIM3E9MXULKD37
CAGE code3WBJ6
Business sizeSmall businessSize at award, per the contracting officer
Organization typeCorporate not tax exempt
Parent companyGLOBAL FINANCIAL MARKETS INSTITUTE INC.

Business types and certifications

For-profit organizationSubchapter S corporationCorporation (not tax-exempt)

Self-reported at the time of the action.

Agency and place

Awarding and funding

Awarded by
  1. Securities And Exchange Commission
Funded by
  1. Securities And Exchange Commission
Funded from
Agency direction and administrative supportProgram activities050-0100Federal accounts (agency financial reports)

Place of performance

Place of performance
Washington, District Of Columbia County, District Of Columbia 20549-2000
Congressional district (place of performance)
DC-98As reported at the time of the action

Classification and competition

Classification

NAICS
611430PROFESSIONAL AND MANAGEMENT DEVELOPMENT TRAINING
Product or service (PSC)
U010EDUCATION/TRAINING- CERTIFICATIONS/ACCREDITATIONS FOR EDUCATIONAL INSTITUTIONS (service)

Competition

Extent competed
Full and open competition after exclusion of sourcesD
Solicitation procedures
Negotiated proposal/quoteNP
Set-aside
Not reported
Contract pricing
Firm fixed priceJ

Contract details

Subcontracting plan
Plan not requiredB
Certified cost or pricing data
No
Service Contract Act labor standards
No
Commercial procedures
Commercial item procedures not usedD
Government-furnished property
Transaction does not use GFE/GFPN
Bundled requirement
Not bundledH
Consolidated requirement
Not consolidatedD
Undefinitized action (terms not final)
No
Multi-year contract
Yes
Performance-based service acquisition
No - service where PBA is not used.N

Transaction history

Modification history

Base award
Apr 11, 2019Base obligation at award: $362,000
Latest action
Oct 27, 2020 — CloseoutModification P00002; obligation change -$1,886; administrative: no change in scope or value
Latest substantive action
Aug 20, 2020 — Supplemental agreement (within scope)Modification P00001; obligation change +$5,000
Actions by type
  • Base award1
  • Supplemental agreement (within scope)1
  • Closeout1
3 actions recorded, Apr 11, 2019 to Oct 27, 2020; each action counted once.

All contract data

All contract data

Every other field reported for this award, as of its latest reported action

Competition

Evaluation preference
No preference used
Local area set-aside
No
Synopsized publicly (SAM.gov / FedBizOpps)
Yes
Simplified procedures for commercial items
No
A-76 (FAIR Act) action
No

Pricing and financing

Paid by purchase card
No
Latest action: change in base and exercised options
-$1,886
Latest action: change in base and all options
-$1,886

Socio-economic and policy

Inherently governmental functions
Other functionsOT
Recovered materials and sustainability
No clauses included and no sustainability includedC
EPA-designated product
Not requiredE
Clinger-Cohen Act planning (IT)
No

Place and origin

Domestic or foreign entity
U.S. owned businessA
Country of product or service origin
United statesUSA
Place of manufacture
Not a manufactured end productC

Structure

Award or IDV
Award
Award type
Delivery orderC
Parent vehicle type
IDCB
Parent vehicle: multiple or single award
Single awardS
Parent vehicle agency
Securities And Exchange Commission5000
Awarding agency code
5000
Awarding sub-tier code
5000
Contracting office code
503102
Transactions recorded under this award key
3

Funding

Funding agency code
5000
Funding sub-tier code
5000
Funding office code
503102
Treasury accounts
  • 050-X-0100-000
Object classes
  • 25.2: Other services from non-Federal sources
Disaster or emergency funding (DEFC)
  • Q: Not Designated Nonemergency/Emergency/Disaster/Wildfire Suppression