IDVOther than small business

IDC (single-award IDV) SECHQ115D0034WELLS FARGO & COMPANY

Overview

Award facts

Obligated on orders under this IDV: $743.32K; $743,325 across 3 orders
Period of performance: From Jul 22, 2017
Modifications: 6; Latest action Jun 30, 2017
Contract type: IDC (single-award IDV); PIID SECHQ115D0034

Description of requirement

IGF::OT::IGF FOR OTHER FUNCTIONS SUPPLEMENTAL RETIREMENT SERVICES

Dates and value

Award date: Signed on Jul 17, 2015
Ordering period ends: Jul 21, 2020
Ceiling: Ceiling (single-award vehicle): $1,158,000

Source: Federal Procurement Data System contract actions as published by SAM.gov and USAspending.gov; latest action recorded Jun 30, 2017. View on USAspending · Recipient on SAM.gov

Recipient

NameWELLS FARGO & COMPANY

LocationSAN FRANCISCO, CA

UEIFUG8T1N2YTM2

Business sizeOther than small businessSize at award, per the contracting officer

Parent companyWELLS FARGO & COMPANY

Business types and certifications

For-profit organizationCorporation (not tax-exempt)

Self-reported at the time of the action.

Agency and place

Awarding and funding

Awarded by: Securities And Exchange Commission
Funded by: Securities And Exchange Commission

Classification and competition

Classification

NAICS: 522110COMMERCIAL BANKING
Product or service (PSC): R711SUPPORT- MANAGEMENT: BANKING (service)

Competition

Extent competed: Full and open competitionA
Solicitation procedures: Negotiated proposal/quoteNP
Set-aside: No set-aside used
Contract pricing: Firm fixed priceJ
Offers received: 2

Contract details

Subcontracting plan: Plan not included - no subcontracting possibilitiesA
Cost Accounting Standards clause: No - CAS waiver approvedN
Certified cost or pricing data: Yes
Service Contract Act labor standards: No
Commercial procedures: Commercial itemA
Government-furnished property: Transaction does not use GFE/GFPN
Bundled requirement: Not a bundled requirementD
Consolidated requirement: No
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: Jul 17, 2015
Latest action: Jun 30, 2017 — Option exercisedModification 6
Latest substantive action: Jun 30, 2017 — Option exercisedModification 6
Actions by type: Base award1
Other administrative action5
Option exercised1
7 actions recorded, Jul 17, 2015 to Jun 30, 2017; each action counted once.

Every modification

Each modification of this award, with its obligation change and reason.

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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): No
Simplified procedures for commercial items: No
A-76 (FAIR Act) action: No

Socio-economic and policy

Recovered materials and sustainability: FAR 52.223-4 includedA
Clinger-Cohen Act planning (IT): No
Walsh-Healey Act (materials and supplies): No
Construction wage rates (Davis-Bacon): No

Place and origin

Domestic or foreign entity: U.S. owned businessA

Structure

Award or IDV: IDV
IDV type: IDCB
Indefinite-delivery contract type: Indefinite delivery / indefinite quantityB
Multiple or single award: Single awardS
Awarding agency code: 5000
Awarding sub-tier code: 5000
Contracting office code: 503102
Transactions recorded under this award key: 7

Funding

Funding agency code: 5000
Funding sub-tier code: 5000
Funding office code: 503102