This contract expires in 199 days (May 14, 2027).

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MAGELLAN FEDERAL, INC. - PERSONAL FINANCIAL COUNSELORS

PIID: 140D0423F0623Solicitation ID: 140D0423Q0031
Signed Date: May 16, 2023Effective Date: May 16, 2023End Date: Closes in 199 days
Award $
$153.7M
Vendor
MAGELLAN FEDERAL, INC.
NAICS
541611
Signed Date
May 16, 2023

Key Details

Dollars Obligated
$153.7M
Base & All Options
$354.2M
Awarding Sub-Agency
Departmental Offices
Parent IDIQ (PIID)
GS02F013BA
Product Service Code
R499 - SUPPORT- PROFESSIONAL: OTHER
Extent Competed
FULL AND OPEN COMPETITION
Number of Offers
1
Place of Performance
ARLINGTON, VA

Description

PERSONAL FINANCIAL COUNSELORS

Context & Analysis

On May 16, 2023, Department of the Interior obligated $153,744,103.02 to MAGELLAN FEDERAL, INC. for personal financial counselors. The award is classified under NAICS 541611 — ADMINISTRATIVE MANAGEMENT AND GENERAL MANAGEMENT CONSULTING SERVICES. Competition extent: full and open competition with 1 offer received. Performance is located in ARLINGTON, VA. The contract is scheduled through May 14, 2027 — approximately 7 months remaining. This award is one of several similar procurements from Department of the Interior under NAICS 541611 — related awards are listed below.

Market context

Recompete outlook
Ends May 14, 2027, in 7 months. Recompete signal as of Oct 26, 2026: 69/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
Competition
Competed, with 1 offer. 87% of 660 awards in this market (Department of the Interior awards in NAICS 541611 over the last 3 years) were competed; median 3 offers.
Award size
At $153.7M, this award is larger than 19 in 20 of the 596 priced Department of the Interior awards in NAICS 541611 over the last 3 years (median $346K).
Incumbent at this agency
MAGELLAN FEDERAL, INC. has 6 other awards from Department of the Interior, totalling $48.1M, 2024–2026.
Largest vendors in this market

By obligations, Department of the Interior awards in NAICS 541611 over the last 3 years.

Computed from USAspending award data on Oct 26, 2026.

Contractor Information

UEI: MFYCXCNW4WL5
Location: ARLINGTON, VA
View Full Record on USASpending.gov

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