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Awarded contract·Alaska Energy Authority·Alaska

AIDEA AK SAFE 3rd Party Support Services

Won by F James McConnell & Associates$28kAwarded 7/22/2020Single Award
Contract source

Awarded vendors

  • F James McConnell & Associates

Description

This contract provides professional consulting services to support the internal risk‑and‑reserve estimation for Alaska’s AK SAFE loan‑guarantee program, a COVID‑19 economic relief initiative. The contractor will review loan‑guarantee requests, prepare credit summaries, perform financial analyses, verify collateral, calculate reserve amounts, and assist with post‑closing monitoring. Work is authorized by individual Notices to Proceed, can be performed anywhere in the United States, and the contractor must cover all travel costs. The contract is a single‑source, fixed‑price (or cost‑reimbursement if needed) award with an estimated value of $20‑$35 k, runs from late July to the end of 2020, and includes a possible month‑to‑month extension. • Scope: risk‑assessment, credit analysis, reserve sizing, and loan‑guarantee monitoring for the AK SAFE program. • Budget: estimated $20 k–$35 k; fixed‑price per project is preferred. • Timeline: proposals due 7 July 2020; award expected 22 July 2020; performance 22 July 2020 – 31 Dec 2020.

Attached files

Key dates

Bids closed
7/7/2020
Intent to award
7/22/2020
Awarded
7/22/2020
Starts
7/22/2020
Ends
12/31/2020Renews
Duration
5 months

Last updated

Details

Award type
Single Award
Procurement
Other Than Full and Open Competition
Industry
Consulting Services
NAICS
541618
Solicitation №
IRFP #21003

Contract value

$27,500

The solicitation explicitly lists an estimated contract budget of $20,000 – $35,000. No minimum or maximum work amount is guaranteed, but the typical scope (risk‑reserve estimation, credit analysis, and related reporting) for a single‑project engagement in this size range is reasonable. Taking the midpoint of the range gives an approximate value of $27,500, which is a realistic ball‑park for a small‑scale professional services contract of this nature.

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