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CHIPS Federal credit, portfolio management, and financial management support

Active

Federal

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

AI Contract Overview

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The Department of Commerce Office of the Director is seeking professional services to provide federal credit, portfolio management, and financial management support. The primary objective of this contract is to ensure the oversight and protection of CHIPS funds through the implementation of controls designed to mitigate fraud, waste, and abuse. The selected provider will offer specialized financial expertise in investment and lending to ensure full compliance with the CHIPS Act, the Federal Credit Reform Act of 1990, and applicable OMB Circulars. This engagement is critical for meeting OMB requirements to limit government risk regarding default losses and preparing for mandatory balance sheet audits of loan assets. Classified under NAICS code 541611, this forecast outlines a need for high-level financial consultancy to maintain statutory and regulatory legal obligations. Interested parties may coordinate with the point of contact, Adriana Di Rocco, regarding this procurement effort.

General Info

Financial services for CHIPS fund oversight, portfolio management, and federal credit compliance support.

Agency

Department Of Commerce → Office of the Director

NAICS

541611 - Administrative Management and General Management Consulting Services

Place of Performance

Not specified

Set-Aside

NONE

Documents

0

No documents available

Documents will appear here when they are available.

AI Contract Breakdown

Uniform Contract Format

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Timeline

PostedJul 10

forecast

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Organization & Contact Information

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AgencyDepartment Of Commerce → Office of the Director

Contacts1 person available

OfficeN/A

Organization / AgencyDepartment Of Commerce → Office of the Director

Office AddressN/A

Contacts

ADRIANA DI ROCCO

contact@example.gov

Full Description

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The contract will need to provide expertise that supports the oversight and protection of CHIPS funds and ensures controls to mitigate fraud, waste, and abuse. It shall provide financial expertise related to investment and lending necessary to fulfill statutory and regulatory legal obligations under the CHIPS Act, the Federal Credit Reform Act of 1990, and OMB Circulars. This contract fulfills OMB requirements to limit the Government's risk to default losses and to prepare for legally required balance sheet audits of loan assets.

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