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  5. ›23/0451 - Revolving Loan Fund Program for the Harris…

Awarded contract·Harris County Department of Economic Equity and Opportunity·Texas

23/0451 - Revolving Loan Fund Program for the Harris County Department of Economic Equity and Opportunity

Won by PeopleFund$10.5MSingle Award
Contract source

Awarded vendors

  • PeopleFund

Description

The contract is for a Revolving Loan Fund Program for the Harris County Department of Economic Equity and Opportunity. The program is funded with $10,500,000, and the scope of work has been updated with no increase in the total contract amount. The contract is set to expire on May 6, 2029, and has the option to be renewed. Key points of the contract include: • The contract is for a Revolving Loan Fund Program • The program is funded with $10,500,000 • The scope of work has been updated with no increase in the total contract amount • The contract is set to expire on May 6, 2029 • The contract has the option to be renewed

Attached files

Key dates

Starts
5/7/2024
Ends
5/6/2029Renews
Duration
5 years

Last updated

Details

Award type
Single Award
Procurement
Full and Open Competition
Industry
Financial Services
NAICS
522220
Solicitation №
176103

Contract value

$10,500,000

The contract value is explicitly stated as $10,500,000, which is the previously approved funds for the term 05/07/2024 - 10/01/2029. This amount is not increased by the Second Amendment to the Agreement. Factors that may influence the likely contract value include the scope of work, the term of the contract, and the funding source.

AI estimate from the award documents

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