Small biz takes $2.5B SEC professional services contract

Small business C2 Alaska LLC has won a potential 10-year, $2.5 billion contract for broad professional services to support the Securities and Exchange Commission’s acquisition functions.

The SEC selected C2 Alaska over six other bids for this second version of the Integrated and Professional Acquisitions Support Services contract known as IPASS, according to an award notice posted Tuesday.

Only small businesses with the 8(a) distinction were eligible to bid for the contract covering investigation and litigation support, auditing and accounting services, statistical analysis and modeling, courtroom support, mock jury and jury consulting, and administrative support.

For this IPASS 2.0 contract, the SEC opted to consolidate all of that work from the predecessor vehicle into a single award. Deltek data indicates seven awards were made across three groups for IPASS 1.0.